MTN - MTN Group Ltd
MTN Group Ltd. is an emerging markets mobile operator with a clear vision to lead the delivery of a bold, new digital world. At end December 2019 it had 251 million customers across Africa and the Middle East. The Group offers voice, data and digital services to retail customers in the 21 countries in which its operations have telecoms licences.
MTN Group Ltd is a mobile telecommunications provider operating across South Africa, Nigeria, Ghana, Cameroon, Ivory Coast, Uganda, Syria and Sudan. The majority of the company's revenue is earned through South Africa and Nigeria. The...
MTN Group Ltd is listed on the Johannesburg Stock Exchange (JSE). MTN is traded on the JSE under the ticker symbol “MTN”. The International Securities Identification Number (ISIN) of JSE:MTN is ZAE000042164. MTN Group Ltd is currently the 13th most valuable stock on the JSE with a market capitalization of ZAR 229 billion, which makes about 1.22% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 119.64 |
| Day’s High Price | 123.40 |
| Traded Volume | 1.2M |
| Number of Deals | 2,491 |
| Gross Turnover | 145M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 11.67 |
| Price/Earning Ratio | 10.41 |
| Dividend Per Share | 3.00 |
| Dividend Yield | 2.47% |
| Shares Outstanding | 1.88B |
| Market Capitalization | 229B |
MTN Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -2.03% | -6.59% | -16% |
| 6MO | 1YR | YTD |
|---|---|---|
| -30% | -13.8% | -28.9% |
The current share price of MTN Group Ltd (MTN) is ZAR 120.13. MTN closed its last trading day (Wednesday, October 5, 2022) at 121.43 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 1.5% drop from its previous closing price of 123.31 ZAR. MTN began the year with a share price of 170.71 ZAR but has since lost 28.9% off that price valuation, ranking it 348th on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that MTN has lost 7% of the stock’s value from September 7th to date.
MTN Group is the seventh most traded stock on the Johannesburg Stock Exchange over the past three months (Jul 8 - Oct 5, 2022). MTN has traded a total volume of 406 million shares—in 587,285 deals—valued at ZAR 54.6 billion over the period, with an average of 6.44 million traded shares per session. A volume high of 15 million was achieved on August 31st, and a low of 2.28 million on July 11th, for the same period. The table below details the last 10 trading days of activity of MTN on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2022-10-05 | 4,295,262 | 121.43 | -1.88 | -1.52% |
| 2022-10-04 | 4,752,307 | 123.31 | +3.31 | +2.76% |
| 2022-10-03 | 3,391,277 | 120.00 | +0.12 | +0.10% |
| 2022-09-30 | 6,711,089 | 119.88 | +0.47 | +0.39% |
| 2022-09-29 | 8,473,947 | 119.41 | -4.54 | -3.66% |
| 2022-09-28 | 4,817,491 | 123.95 | -3.06 | -2.41% |
| 2022-09-27 | 6,513,884 | 127.01 | +5.93 | +4.90% |
| 2022-09-26 | 7,350,027 | 121.08 | -4.22 | -3.37% |
| 2022-09-23 | 6,699,803 | 125.30 | -1.94 | -1.52% |
| 2022-09-22 | 8,536,946 | 127.24 |
Profile of MTN Group Ltd.
MTN Group Ltd. operates in the Telecommunications sector, specifically, the Mobile Telecommunications industry.
Factsheet of MTN Group Ltd.
- Sector
- Telecommunications
- Industry
- Mobile Telecommunications
- Address
- 216 - 14th Avenue, Fairland, Roodepoort, 2195
- Telephone
- 083 912-3000
- Website
- www.mtn.com
MTN Industrial Market Competitors
MTN Group Ltd., issuers of the MTN stock on the Johannesburg Stock Exchange, have five market competitors who are also engaged in the Telecommunications sector and/or Mobile Telecommunications industry. The table below presents an overview of their market standing.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| BLU | Blue Label Telecoms Ltd | 4.92B | 5.39 | +5.89% |
| HUG | Huge Group Ltd | 592M | 3.42 | -3.39% |
| VOD | Vodacom Group Ltd | 223B | 121.73 | -9.58% |
| TKG | Telkom SA SOC Ltd | 24.8B | 48.57 | -10.2% |
| TLM | Telemaster Holdings Limited | 50.2M | 0.90 | -28% |