Mobile TeleSystems OJSC (MBT) Shares are Down -4.55%

Mobile TeleSystems OJSC (MBT) : During the past 4 weeks, traders have been relatively bearish on Mobile TeleSystems OJSC (MBT), hence the stock is down -7.68% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.91% relative to the S&P 500. The 4-week change in the price of the stock is -7.87% and the stock has fallen -4.55% in the past 1 week.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 6.92% and the fifty day Moving Average is 4.85%. Mobile TeleSystems PJSC has dropped 2.58% during the last three month period . Year-to-Date the stock performance stands at 39.66%.

Mobile TeleSystems OJSC (MBT) stock is expected to deviate a maximum of $0.94 from the average target price of $9 for the short term period. 4 Street Experts have initiated coverage on the stock with the most promising target being $10 and the most muted being $8.


Mobile TeleSystems OJSC (NYSE:MBT): On Fridays trading session , Opening price of the stock was $8.33 with an intraday high of $8.49. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $8.14. However, the stock managed to close at $8.19, a loss of 1.44% for the day. On the previous day, the stock had closed at $8.31. The total traded volume of the day was 2,696,994 shares.

Mobilnye Telesystemy PAO (MTS PAO or Mobile TeleSystems PJSC), formerly Mobilnye Telesystemy OAO, is a Russia-based company engaged in the telecommunication industry. The Company provides a range of mobile and fixed line voice and data telecommunications services, including transmission, broadband, pay-television (TV) and various value-added services, as well as selling equipment and accessories. The Company provides its services domestically, as well as abroad, including Ukraine, Uzbekistan, Armenia, Turkmenistan and Belarus. MTS PAO operates through numerous branches located domestically and in Belarus, as well as several subsidiaries.

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