OVH Groupe (OTC:OVHFF) Shares Up 8.5% – Time to Buy?

OVH Groupe S.A. (OTC:OVHFFGet Free Report) shares shot up 8.5% during trading on Thursday . The stock traded as high as $8.68 and last traded at $8.68. 100 shares were traded during trading, a decline of 61% from the average session volume of 257 shares. The stock had previously closed at $8.00.

OVH Groupe Trading Up 8.5 %

The firm’s fifty day simple moving average is $7.10 and its 200 day simple moving average is $8.39.

About OVH Groupe

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OVH Groupe SA provides public and private cloud, shared hosting, and dedicated server products and solutions worldwide. The company operates through three segments: Private Cloud, Public Cloud, and Web Cloud & Other. It offers Bare Metal Cloud that provides dedicated servers; Hosted Private Cloud, which offers servers fully managed by OVHcloud, such as operating system and the virtualisation layer; Public Cloud that provides cloud computing services on shared servers; and web cloud services.

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