Datatec (OTCMKTS:DTTLY) Sees Large Volume Increase - Here's What Happened

Key Points

• Datatec's trading volume increased significantly by 114% with 250 shares traded, compared to 117 shares in the previous session.
• The stock is currently priced at $7.16, down from a previous close of $7.29.
• Datatec Limited specializes in information and communication technology (ICT) solutions and operates in multiple segments, including cyber security and network infrastructure.
• The company maintains a low debt-to-equity ratio of 0.06, indicating strong financial stability.

Shares of Datatec (OTCMKTS:DTTLY - Get Free Report) saw unusually-high trading volume on Friday . Approximately 250 shares traded hands during trading, an increase of 114% from the previous session's volume of 117 shares.The stock last traded at $7.16 and had previously closed at $7.29.

Datatec Stock Performance

The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.94 and a current ratio of 1.04. The company's 50 day simple moving average is $6.89 and its two-hundred day simple moving average is $6.10.

About Datatec

Datatec Limited, together with its subsidiaries, provides information and communication technology (ICT) solutions and services worldwide. It operates in four segments: Westcon International, Logicalis International, Logicalis Latin America, and Corporate and Management Consulting. The company distributes cyber security, network infrastructure, unified collaboration products, data centre solutions, and channel services; and offers financing/leasing solutions for ICT customers.