Megaport Ltd traded at 5.25 this Friday July 1st, decreasing 0.20 or 3.67 percent since the previous trading session. Looking back, over the last four weeks, Megaport Ltd lost 19.60 percent. Over the last 12 months, its price fell by 69.65 percent. Looking ahead, we forecast Megaport Ltd to be priced at 5.47 by the end of this quarter and at 5.11 in one year, according to Trading Economics global macro models projections and analysts expectations.

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Megaport Ltd
Megaport Limited is an Australia-based company, which provides Network as a Service (NaaS) solutions. The company’s global Software Defined Network (SDN) helps businesses connect their network to services via an easy-to-use portal or its open application programming interface (API). It operates through three segments: Asia-Pacific, North America and Europe. Asia-Pacific segment, including Australia, New Zealand, Hong Kong, Singapore and Japan. There are approximately 105 installed data centers operate across Asia-Pacific. North America segment includes approximately 198 installed data centers across the United States of America and Canada. Europe segment includes Megaport (Bulgaria) EAD (formerly OMNIX Group AD) and Megaport (Deutschland) GmbH (formerly Peering GmbH) respectively. There are approximately 102 installed data centers across Europe. The Company’s services include Megaport Virtual Edge, Megaport Cloud Router, Data Centre Interconnect, IX Peering and Megaport Marketplace.