MPC Container Ships ASA (OTCMKTS:MPZZF) Shares Down 0.2% – Here’s Why

MPC Container Ships ASA (OTCMKTS:MPZZFGet Free Report)’s share price was down 0.2% during mid-day trading on Wednesday . The company traded as low as $1.61 and last traded at $1.68. Approximately 4,620 shares were traded during trading, a decline of 79% from the average daily volume of 21,527 shares. The stock had previously closed at $1.68.

MPC Container Ships ASA Stock Performance

The company’s 50-day simple moving average is $1.79 and its 200 day simple moving average is $2.00.

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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