Converge Technology Solutions (OTCMKTS:CTSDF) Trading Down 2.4% – Here’s What Happened

Converge Technology Solutions Corp. (OTCMKTS:CTSDFGet Free Report) shares dropped 2.4% during trading on Friday . The stock traded as low as $2.42 and last traded at $2.43. Approximately 29,580 shares changed hands during mid-day trading, an increase of 17% from the average daily volume of 25,268 shares. The stock had previously closed at $2.49.

Converge Technology Solutions Stock Performance

The firm has a 50 day simple moving average of $2.40 and a two-hundred day simple moving average of $2.86.

Converge Technology Solutions Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Wednesday, December 11th were paid a dividend of $0.0108 per share. This represents a dividend yield of 1.85%. The ex-dividend date was Tuesday, December 10th.

Converge Technology Solutions Company Profile

(Get Free Report)

Converge Technology Solutions Corp. provides software-enabled IT and cloud solutions in the United States and Canada. Its solutions approach delivers advanced analytics, artificial intelligence, application modernization, cloud, cybersecurity, digital infrastructure, and digital workplace offerings to clients across various industries.

Further Reading

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