MPC Container Ships ASA (OTCMKTS:MPZZF) Trading Up 2.4% – Should You Buy?

MPC Container Ships ASA (OTCMKTS:MPZZFGet Free Report)’s share price shot up 2.4% on Friday . The stock traded as high as $2.18 and last traded at $2.17. 12,250 shares changed hands during mid-day trading, a decline of 74% from the average session volume of 47,127 shares. The stock had previously closed at $2.12.

MPC Container Ships ASA Price Performance

The business has a 50-day moving average price of $2.14 and a two-hundred day moving average price of $2.04.

About MPC Container Ships ASA

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MPC Container Ships ASA owns and operates a portfolio of container vessels. The company focuses on small-to mid-size vessels that are chartered out on time-charter contracts to global and regional liner shipping companies serving intra-regional trade lanes. It operates a fleet of 59 vessels with an aggregate capacity of approximately 126,943 twenty-foot equivalent units.

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