Datatec (OTCMKTS:DTTLY) Stock Price Up 25.8% - What's Next?

Key Points

• Datatec's stock price surged by 25.8% to $7.55, marking a significant increase from its previous closing price of $6.00 and a drastic jump in trading volume.
• The company's financial ratios indicate a healthy balance sheet with a low debt-to-equity ratio of 0.06, a current ratio of 1.04, and a quick ratio of 0.94.
• Datatec operates in the information and communication technology (ICT) sector, providing a variety of solutions including cybersecurity, network infrastructure, and data center services.

Datatec (OTCMKTS:DTTLY - )'s stock price was up 25.8% on Tuesday . The company traded as high as $7.55 and last traded at $7.55. Approximately 1,100 shares changed hands during mid-day trading, an increase of 109,900% from the average daily volume of 1 shares. The stock had previously closed at $6.00.

Datatec Trading Up 25.8%

The company has a debt-to-equity ratio of 0.06, a current ratio of 1.04 and a quick ratio of 0.94. The company has a 50 day moving average of $6.63 and a 200 day moving average of $6.50.

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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