Datatec (OTCMKTS:DTTLY – Get Free Report)’s share price rose 22.6% on Wednesday. The company traded as high as $9.99 and last traded at $9.99. Approximately 110 shares traded hands during mid-day trading, a decline of 91% from the average daily volume of 1,206 shares. The stock had previously closed at $8.15.
Datatec Trading Up 9.8%
The business’s fifty day simple moving average is $9.50 and its 200-day simple moving average is $9.34. The company has a current ratio of 1.03, a quick ratio of 0.95 and a debt-to-equity ratio of 0.05.
About Datatec
Datatec Limited is a South African information and communications technology (ICT) group that provides technology distribution, systems integration, digital transformation and managed services. The company serves business, government and technology-provider customers through a portfolio of international operating businesses.
Its principal businesses include Westcon-Comstor, a value-added technology distributor that supplies networking, cybersecurity, cloud and collaboration products, and Logicalis, a global technology service provider focused on cloud computing, data centers, networking, cybersecurity, managed services and digital transformation.
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