MTN ANALYSIS On a weekly chart the stock is on a clear bear market with the big gap as the supply zone.
−6.19NGN
−133.84 BNGN
2.47 TNGN
5.58 B
About MTN NIGERIA COMMUNICATIONS PLC
Sector
Industry
CEO
Karl Olutokun Toriola
Website
Headquarters
Lagos
Employees (FY)
1.82 K
Founded
2000
ISIN
NGMTNN000002
FIGI
BBG00NZT3FQ2
MTN Nigeria Communications Plc engages in the provision of cellular network access, ICT solutions, and wireless telecommunications services. It operates through the following segments: Consumer Business Unit (CBU), Enterprise Business Unit (EBU), and Wholesale Business Unit (WBU). The CBU segment consists of subscribers sitting in value propositions and tariff plans dedicated to three sub segments: Youth, High Value, and Mass segments. The EBU segment is involved in the enterprise customers that are mostly corporate and small medium organizations whose business requires products, services, and solutions to serve everyday business needs. The WBU segment serves customers who buy MTN telecom products in bulk with the intention to re-sell products to external clients. The company was founded on November 8, 2000 and is headquartered in Lagos, Nigeria.
Now is the good time to bargain for MTN Nigeria StockWith newly introduced stock into the Nigerian Stock Exchange, MTN is now looking for a support zone to hold its pullback price. A price below 132 will apparently not be a bad idea for the moment...
MTNN WEEKLY REVIEW.WEEKLY MTN ANALYSIS FOR THE FIRST 50 WEEKS :
1. WEEK ONE :
Sell pressure the stock fail the maintain the weekly high.
See all ideas
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Frequently Asked Questions
The current price of MTNN is 224.00 NGN — it hasn't changed in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on NSENG exchange MTN NIGERIA COMMUNICATIONS PLC stocks are traded under the ticker MTNN.
MTN NIGERIA COMMUNICATIONS PLC is going to release the next earnings report on Apr 26, 2024. Keep track of upcoming events with our Earnings Calendar.
MTNN stock is 0% volatile and has beta coefficient of 0.97. Check out the list of the most volatile stocks — is MTN NIGERIA COMMUNICATIONS PLC there?
One year price forecast for MTN NIGERIA COMMUNICATIONS PLC has a max estimate of 278.00 NGN and a min estimate of 190.39 NGN.
Yes, you can track MTN NIGERIA COMMUNICATIONS PLC financials in yearly and quarterly reports right on TradingView.
MTNN stock has fallen by 1.32% compared to the previous week, the month change is a 6.67% fall, over the last year there was no change in MTN NIGERIA COMMUNICATIONS PLC price.
MTNN net income for the last quarter is −281.93 B NGN, while the quarter before that showed 19.50 B NGN of net income which accounts for −1.55 K% change. Track more MTN NIGERIA COMMUNICATIONS PLC financial stats to get the full picture.
Today MTN NIGERIA COMMUNICATIONS PLC has the market capitalization of 4.70 T, it has decreased by 2.16% over the last week.
Like other stocks, MTNN shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade MTN NIGERIA COMMUNICATIONS PLC stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 18, 2024, the company has 1.82 K employees. See our rating of the largest employees — is MTN NIGERIA COMMUNICATIONS PLC on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So MTN NIGERIA COMMUNICATIONS PLC technincal analysis shows the strong sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating MTN NIGERIA COMMUNICATIONS PLC stock shows the sell signal. See more of MTN NIGERIA COMMUNICATIONS PLC technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on MTN NIGERIA COMMUNICATIONS PLC future price: according to them, MTNN price has a max estimate of 278.00 NGN and a min estimate of 190.39 NGN. Read a more detailed MTN NIGERIA COMMUNICATIONS PLC forecast: see what analysts think of MTN NIGERIA COMMUNICATIONS PLC and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. MTN NIGERIA COMMUNICATIONS PLC EBITDA is 1.21 T NGN, and current EBITDA margin is 49.01%. See more stats in MTN NIGERIA COMMUNICATIONS PLC financial statements.