OVH Groupe (OTC:OVHFF) Trading 8.5% Higher – Time to Buy?

OVH Groupe S.A. (OTC:OVHFFGet Free Report)’s share price traded up 8.5% during trading on Thursday . The company traded as high as $8.68 and last traded at $8.68. 100 shares changed hands during mid-day trading, a decline of 61% from the average session volume of 257 shares. The stock had previously closed at $8.00.

OVH Groupe Stock Performance

The company has a 50-day moving average price of $7.19 and a two-hundred day moving average price of $8.37.

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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