Stock Price of Mobile TeleSystems OJSC (MBT) Decreases -2.6%

Stock price performance of Mobile TeleSystems OJSC is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 43.44% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 22.38% . Looking at the past 52 week period, the stock price is up at 50.86% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Mobile TeleSystems OJSC has a positive value of 12.61 compared to overall market. For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a 20-day Moving Average of 10.05% and the 50-Day Moving Average is 20.53%.The 200 Day SMA reached 31.52%

Public Joint-Stock Company Mobile TeleSystems is having a Relative Strength Index of 64.39 which indicates the stock is not yet over sold or over bought based on the technical indicators. Mobile TeleSystems OJSC (NYSE:MBT) has tumbled 2.6% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 13.15% in the last four weeks. The stocks have underperformed the S&P 500 by 2.71% during the past week but Mobile TeleSystems OJSC (NYSE:MBT) it has outperformed the index in 4 weeks by 12.14%.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Mobil'nye Telesistemy PAO (ADR) was Upgraded by Citigroup to Buy on Nov 21, 2016.

Mobile TeleSystems OJSC (NYSE:MBT) : On Friday heightened volatility was witnessed in Mobile TeleSystems OJSC (NYSE:MBT) which led to swings in the share price. The stock opened for trading at $10.51 and hit $10.56 on the upside , eventually ending the session at $10.5, with a gain of 0.77% or 0.08 points. The heightened volatility saw the trading volume jump to 2,859,089 shares. The 52-week high of the share price is $10.78 and the company has a market cap of $10,849 million. The 52-week low of the share price is at $6.55 .

MOBILE TELE-ADR mission is to build a integrated mobile communications world, which will bring people together, enrich their lives and open up new horizons, both at work and at home. They will do this by Anticipating on and understanding of our customers needs, employing experienced, qualified and highly motivated personnel, introducing new technologies, and enhancing our companys development.

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