Shares of Megaport Limited (OTCMKTS:MGPPF – Get Free Report) fell 16.1% on Monday . The company traded as low as $5.00 and last traded at $5.00. 19,800 shares were traded during mid-day trading, an increase of 678% from the average session volume of 2,544 shares. The stock had previously closed at $5.96.
Megaport Price Performance
The business has a fifty day simple moving average of $6.24 and a two-hundred day simple moving average of $8.33.
About Megaport
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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