Shares of Datatec (OTCMKTS:DTTLY – Get Free Report) were down 14.7% on Tuesday. The company traded as low as $8.52 and last traded at $8.52. Approximately 400 shares changed hands during trading, a decline of 67% from the average daily volume of 1,200 shares. The stock had previously closed at $9.99.
Datatec Stock Performance
The company’s fifty day moving average is $9.55 and its two-hundred day moving average is $9.45. The company has a quick ratio of 0.95, a current ratio of 1.03 and a debt-to-equity ratio of 0.05.
About Datatec
Datatec Limited is a South African information and communications technology (ICT) group that provides technology distribution, systems integration, digital transformation and managed services. The company serves business, government and technology-provider customers through a portfolio of international operating businesses.
Its principal businesses include Westcon-Comstor, a value-added technology distributor that supplies networking, cybersecurity, cloud and collaboration products, and Logicalis, a global technology service provider focused on cloud computing, data centers, networking, cybersecurity, managed services and digital transformation.
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