Datalink Corp. (DTLK) Stock Price Up 2.3%
Datalink Corp. (NASDAQ:DTLK)’s share price rose 2.3% during trading on Thursday . The company traded as high as $9.99 and last traded at $9.96, with a volume of 60,122 shares. 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 report on Wednesday, August 3rd.
The company has a 50-day moving average price of $9.31 and a 200-day moving average price of $8.38. The firm has a market cap of $220.89 million and a price-to-earnings ratio of 29.27.
Datalink Corp. (NASDAQ:DTLK) last announced its quarterly earnings results on Thursday, July 28th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.06. The company earned $199.20 million during the quarter, compared to analyst estimates of $186.59 million. During the same quarter in the prior year, the company posted $0.12 earnings per share. On average, equities research analysts anticipate that Datalink Corp. will post $0.65 EPS for the current 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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