Datalink Corp. (DTLK) Stock Price Down 2.1%
Datalink Corp. (NASDAQ:DTLK) shares traded down 2.1% during trading on Monday . The stock traded as low as $9.98 and last traded at $10.05, with a volume of 107,690 shares traded. The stock had previously closed at $10.27.
Separately, Zacks Investment Research raised Datalink Corp. from a “sell” rating to a “hold” rating in a report on Tuesday, June 28th.
The company has a 50-day moving average of $9.28 and a 200 day moving average of $8.37. The firm has a market cap of $216.02 million and a price-to-earnings ratio of 28.62.
Datalink Corp. (NASDAQ:DTLK) last issued its earnings results on Thursday, July 28th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.12 by $0.06. During the same quarter last year, the business posted $0.12 earnings per share. The firm earned $199.20 million during the quarter, compared to analyst estimates of $186.59 million. On average, analysts anticipate that Datalink Corp. will post $0.65 earnings per share for the current fiscal year.
Datalink Corporation is a provider of information technology (IT) services and solutions. The Company provides a full life cycle of services, including consulting, strategy, design, deploy, manage and support. The Company leverages technology from the original equipment manufacturers (OEMs) as part of its IT solutions portfolio.
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