Datalink Corp. (DTLK) Trading 2.3% Higher
Datalink Corp. (NASDAQ:DTLK)’s share price traded up 2.3% on Thursday . The stock traded as high as $9.99 and last traded at $9.96, with a volume of 60,122 shares traded. The stock had previously closed at $9.74.
Separately, Zacks Investment Research raised shares of Datalink Corp. from a “hold” rating to a “buy” rating and set a $11.00 price target on the stock in a research note on Wednesday, August 3rd.
The stock has a market cap of $219.78 million and a P/E ratio of 29.12. The company has a 50-day moving average price of $9.38 and a 200 day moving average price of $8.39.
Datalink Corp. (NASDAQ:DTLK) last posted its quarterly earnings results on Thursday, July 28th. The company reported $0.18 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.12 by $0.06. The company had revenue of $199.20 million for the quarter, compared to analyst estimates of $186.59 million. During the same period last year, the company earned $0.12 earnings per share. On average, analysts predict that Datalink Corp. will post $0.65 EPS 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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