Datatec (OTCMKTS:DTTLY) Shares Down 1.8% - What's Next?

Key Points

• Datatec's share price fell by 1.8% to $7.16 during mid-day trading, with a significant increase in trading volume from an average of 6 shares to approximately 250 shares.
• The company boasts a debt-to-equity ratio of 0.06, indicating strong financial health, alongside a quick ratio of 0.94 and a current ratio of 1.04.
• Datatec operates in the information and communication technology (ICT) sector, providing solutions in areas such as cyber security, network infrastructure, and data centre services.

Datatec (OTCMKTS:DTTLY - )'s share price dropped 1.8% during mid-day trading on Friday . The company traded as low as $7.16 and last traded at $7.16. Approximately 250 shares traded hands during trading, an increase of 4,032% from the average daily volume of 6 shares. The stock had previously closed at $7.29.

Datatec Trading Down 1.8%

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 business has a 50 day moving average price of $6.87 and a 200-day moving average price of $6.06.

Datatec Company Profile

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.

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