MTN Group (OTCMKTS:MTNOY) Share Price Passes Below 50 Day Moving Average – Here’s What Happened

MTN Group Limited (OTCMKTS:MTNOYGet Free Report)’s stock price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $6.24 and traded as low as $5.31. MTN Group shares last traded at $5.74, with a volume of 83,783 shares traded.

MTN Group Trading Up 8.3 %

The business’s 50-day simple moving average is $6.24 and its two-hundred day simple moving average is $5.41.

MTN Group Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, April 24th. Stockholders of record on Friday, April 11th will be issued a $0.1907 dividend. This is an increase from MTN Group’s previous dividend of $0.12. The ex-dividend date is Friday, April 11th.

About MTN Group

(Get Free Report)

MTN Group Limited, together with its subsidiaries, provides mobile telecommunications services in South Africa, Nigeria, East Africa, West and Central Africa, and the Middle East and North Africa. The company offers data, voice and SMS, digital and fintech, interconnect, and roaming services, as well as sells mobile devices.

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