Datatec Ltd traded at 8,446.00 this Friday July 17th, decreasing 187.00 or 2.17 percent since the previous trading session. Looking back, over the last four weeks, Datatec lost 0.61 percent. Over the last 12 months, its price rose by 35.42 percent. Looking ahead, we forecast Datatec Ltd to be priced at 8,564.28 by the end of this quarter and at 7,785.00 in one year, according to Trading Economics global macro models projections and analysts expectations.
Datatec Limited is a South Africa-based international information and communication technology (ICT) solutions and services company. The Company’s business is divided into three divisions: Westcon International, Logicalis International, and Logicalis Latin America. Westcon International is a technology provider and distributor of cybersecurity, network infrastructure, cloud collaboration products, data center solutions, and channel support services. Its Logicalis International and Logicalis Latin America is a digital transformation enabler and cloud managed services provider. Its products and services include ICT infrastructure solutions, digital enablement services, security, collaboration, networking and data center products, and solutions. It operates in approximately 50 countries across North America, Latin America, Europe, Africa, the Middle East, and Asia-Pacific. Its subsidiaries include Westcon Africa (Kenya) Limited, Fortum Fibre AS, Logicalis GmbH, and Esource Resources, LLC.