Megaport (OTCMKTS:MGPPF) Trading Up 12.9% – Still a Buy?

Shares of Megaport Limited (OTCMKTS:MGPPFGet Free Report) were up 12.9% during mid-day trading on Tuesday . The stock traded as high as $5.32 and last traded at $5.32. Approximately 140 shares were traded during mid-day trading, a decline of 85% from the average daily volume of 963 shares. The stock had previously closed at $4.71.

Megaport Trading Up 12.9 %

The stock’s 50-day simple moving average is $4.63 and its 200 day simple moving average is $5.17.

Megaport Company Profile

(Get Free Report)

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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