Datatec (OTCMKTS:DTTLY) Shares Gap Down - Time to Sell?

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.

Datatec (OTCMKTS:DTTLY - )'s stock price 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 Stock Down 16.2%

The firm's 50-day moving average price is $7.04 and its 200 day moving average price is $6.19. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.94 and a current ratio of 1.04.

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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