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DATATEC (OTCMKTS:DTTLY) Shares Gap Down - Here's What Happened

Datatec logo with Business Services background

Key Points

  • Datatec's stock price experienced a significant drop, opening at $6.00 after closing at $7.16, marking a 16.2% decrease.
  • The company's 50-day moving average stands at $7.04, while its 200-day moving average is $6.19, indicating potential volatility in its stock performance.
  • Datatec Limited operates in the ICT solutions sector, providing services across various segments including cyber security and data centre solutions.
  • Want stock alerts on DATATEC? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

DATATEC (OTCMKTS:DTTLY - Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $7.16, but opened at $6.00. DATATEC shares last traded at $6.00, with a volume of 250 shares.

DATATEC Price 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 fifty day moving average is $7.05 and its 200-day moving average is $6.21.

About DATATEC

(Get Free Report)

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.

Further Reading

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