Shares of Megaport Limited (OTCMKTS:MGPPF – Get Free Report) dropped 24.9% on Monday . The company traded as low as $7.01 and last traded at $7.01. Approximately 540 shares were traded during trading, a decline of 63% from the average daily volume of 1,446 shares. The stock had previously closed at $9.34.
Megaport Trading Down 24.9%
The stock has a fifty day simple moving average of $6.25 and a two-hundred day simple moving average of $5.77.
Megaport Company Profile
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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