OVH Groupe (OTC:OVHFF) Stock Price Up 6.9% – Still a Buy?

OVH Groupe S.A. (OTC:OVHFFGet Free Report)’s share price shot up 6.9% during mid-day trading on Monday . The company traded as high as $6.84 and last traded at $6.84. 471 shares changed hands during mid-day trading, an increase of 136% from the average session volume of 200 shares. The stock had previously closed at $6.40.

OVH Groupe Price Performance

The stock’s fifty day simple moving average is $6.52 and its 200-day simple moving average is $9.04.

OVH Groupe Company Profile

(Get Free Report)

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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