Pexip Holding ASA (OTCMKTS:PXPHF) Shares Down 18.2%

Pexip Holding ASA (OTCMKTS:PXPHFGet Free Report)’s share price dropped 18.2% on Friday . The company traded as low as $2.25 and last traded at $2.25. Approximately 4,000 shares traded hands during mid-day trading, a decline of 29% from the average daily volume of 5,643 shares. The stock had previously closed at $2.75.

Pexip Holding ASA Stock Down 18.2 %

The business’s fifty day simple moving average is $2.64 and its two-hundred day simple moving average is $2.15.

Pexip Holding ASA Company Profile

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Pexip Holding ASA, a video technology company, provides end-to-end video conferencing platform and digital infrastructure worldwide. It offers self-hosted software application and as-a-service deployment options for enterprise video conferencing, built on its proprietary Infinity technology. The company also enables any meeting room device, such as Cisco Webex, HP/Poly, and Microsoft Teams Rooms to connect to any meeting technology, including Meet, Teams, and Zoom in the Connected Spaces solutions area as an interoperability provider.

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