Megaport (OTCMKTS:MGPPF) Shares Down 28%

Megaport Limited (OTCMKTS:MGPPFGet Free Report)’s share price was down 28% during trading on Tuesday . The company traded as low as $7.22 and last traded at $7.22. Approximately 21,000 shares traded hands during mid-day trading, an increase of 790% from the average daily volume of 2,359 shares. The stock had previously closed at $10.03.

Megaport Price Performance

The company has a fifty day moving average of $9.86 and a 200 day moving average of $8.46.

About Megaport

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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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