Megaport (OTCMKTS:MGPPF) Trading 34.8% Higher – Still a Buy?

Megaport Limited (OTCMKTS:MGPPFGet Free Report) shares were up 34.8% on Tuesday . The company traded as high as $6.20 and last traded at $6.20. Approximately 100 shares were traded during trading, a decline of 96% from the average daily volume of 2,290 shares. The stock had previously closed at $4.60.

Megaport Trading Down 20.2 %

The firm has a 50-day simple moving average of $4.90 and a 200 day simple moving average of $6.64.

Megaport Company Profile

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Megaport Limited provides elastic interconnection services to the enterprises and service providers in Australia, New Zealand, Hong Kong, Singapore, Japan, North America, and Europe. It operates a platform that enables customers to connect their network to other services, as well as creates agile network that connects in multiple regions.

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