Megaport (OTCMKTS:MGPPF) Stock Price Up 34.8% – Still a Buy?

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

Megaport Stock Performance

The company’s 50-day moving average price is $4.90 and its 200 day moving average price is $6.64.

About Megaport

(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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