Datatec (OTCMKTS:DTTLY) Sets New 1-Year High – Still a Buy?

Datatec Limited (OTCMKTS:DTTLYGet Free Report) hit a new 52-week high during trading on Thursday . The company traded as high as $5.24 and last traded at $5.24, with a volume of 100 shares trading hands. The stock had previously closed at $4.43.

Datatec Stock Performance

The firm’s 50 day simple moving average is $3.91 and its 200 day simple moving average is $3.97.

Datatec Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 24th. Investors of record on Friday, December 6th were issued a dividend of $0.086 per share. The ex-dividend date was Friday, December 6th.

About Datatec

(Get Free Report)

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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