Datatec (OTCMKTS:DTTLY) Shares Gap Down – Here’s Why

Datatec (OTCMKTS:DTTLY – Get Free Report)’s share price gapped down before the market opened on Friday. The stock had previously closed at $9.99, but opened at $9.49. Datatec shares last traded at $9.49, with a volume of 410 shares traded.

Datatec Stock Down 5.0%

The stock’s 50-day simple moving average is $9.54 and its 200 day simple moving average is $9.34. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.95 and a current ratio of 1.03.

Datatec Company Profile

(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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