Datatec (OTCMKTS:DTTLY) Raised to “Buy” at Zacks Investment Research

Zacks Investment Research upgraded shares of Datatec (OTCMKTS:DTTLY) from a hold rating to a buy rating in a research report sent to investors on Thursday morning, Zacks.com reports. The brokerage currently has $4.50 price objective on the stock.

According to Zacks, “DataTec Limited provides ICT solutions and services. The company’s operating division consists of Technology Distribution, Integration and Managed Services and Consulting and Research. DataTec Limited is based in Sandown, South Africa. “

OTCMKTS DTTLY opened at $4.00 on Thursday. Datatec has a 12 month low of $4.00 and a 12 month high of $4.00. The business has a fifty day simple moving average of $3.99 and a 200 day simple moving average of $4.01.

About Datatec

Datatec Limited provides information and communication technology (ICT) solutions and services worldwide. The company operates in three segments: Westcon International; Logicalis; and Corporate, Management Consulting and Financial Services. The Westcon International segment distributes cyber security and network infrastructure solutions, unified communications products, data center solutions, and channel services.

Further Reading: Straddles

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