MPC Container Ships ASA (OTCMKTS:MPZZF) Trading Up 3.6% – Time to Buy?

MPC Container Ships ASA (OTCMKTS:MPZZFGet Free Report) shares shot up 3.6% during mid-day trading on Tuesday . The company traded as high as $1.75 and last traded at $1.71. 21,500 shares traded hands during mid-day trading, an increase of 16% from the average session volume of 18,476 shares. The stock had previously closed at $1.65.

MPC Container Ships ASA Trading Up 3.6%

The company has a 50-day moving average of $1.68 and a 200 day moving average of $1.72.

MPC Container Ships ASA Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for MPC Container Ships ASA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MPC Container Ships ASA and related companies with MarketBeat.com's FREE daily email newsletter.