Datatec (OTCMKTS:DTTLY) Stock Falls 14.7% – Time to Sell?

Datatec (OTCMKTS:DTTLY – Get Free Report)’s share price traded down 14.7% on Tuesday. The company traded as low as $8.52 and last traded at $8.52. 400 shares traded hands during mid-day trading, a decline of 67% from the average daily volume of 1,200 shares. The stock had previously closed at $9.99.

Datatec Stock Performance

The business has a fifty day moving average of $9.62 and a 200-day moving average of $9.45. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.95 and a current ratio of 1.03.

About Datatec

(Get Free Report)

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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