ASX:MP1IT
Megaport (ASX:MP1): Weighing Valuation After a Choppy Few Months and Rapid Growth
Megaport (ASX:MP1) has had a choppy few months, but its longer term returns and rapid revenue and earnings growth are drawing fresh attention from investors who are trying to gauge whether the current pullback offers value.
See our latest analysis for Megaport.
At A$12.59, Megaport’s recent pullback, including a weaker 90 day share price return, sits in sharp contrast to its strong year to date share price momentum and impressive multi year total shareholder returns. This suggests sentiment...