MBT - Shares of Mobile TeleSystems PJSC (MBT) Exceed 52-Week High
Shares of Mobile TeleSystems PJSC (NYSE:MBT) traded today at $9.85, eclipsing its 52-week high. So far today approximately 933,000 shares have been exchanged, as compared to an average 30-day volume of 2.6 million shares.
Over the past year, Mobile TeleSystems PJSC has traded in a range of $7.72 to $9.85 and is now at $9.84, 27% above that low.
Mobile TeleSystems PJSC (NYSE:MBT) is currently priced 11.2% above its average consensus analyst price target of $8.74.
Mobile TeleSystems PJSC is a wireless telephone operator in Russia. The company is a large provider of fixed-line broadband and pay-TV services in the country, with a strong fixed-line presence in Moscow. While Russia contributes for the majority of its sales, MTS is also offering wireless operators in Armenia, and Turkmenistan. It operates in three segments comprising Russia Convergent, Moscow Fixed Line and MTS Bank.
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