Datatec (OTCMKTS:DTTLY) Shares Climb 14.3% – Still a Buy?

Datatec (OTCMKTS:DTTLY – Get Free Report) rose 14.3% during mid-day trading on Monday. The company traded as high as $9.74 and last traded at $9.74. 102 shares traded hands during trading, a decline of 91% from the average daily volume of 1,119 shares. The stock had previously closed at $8.52.

Datatec Price Performance

The company has a debt-to-equity ratio of 0.05, a current ratio of 1.03 and a quick ratio of 0.95. The business’s 50-day moving average price is $9.44 and its 200 day moving average price is $9.44.

Datatec Company Profile

(Get Free Report)

Datatec is an international information and communications technology (ICT) group founded in 1986 by Jens Montanana. Based in South Africa, the company serves customers across multiple regions through businesses focused on technology distribution and IT solutions and services. Its Westcon-Comstor business distributes technology products and services, including solutions in networking, cybersecurity, collaboration and data center infrastructure. Logicalis provides IT solutions and services, such as digital transformation, systems integration and managed services.

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