Converge Technology Solutions (OTCMKTS:CTSDF) Sees 1.2% Increase in Trading


Converge Technology Solutions (OTCMKTS:CTSDF) Sees 1.2% Increase in Trading

Converge Technology Solutions Corp. (OTCMKTS:CTSDF) experienced a 1.2% increase in its stock price during mid-day trading on Friday. The stock reached a high of $4.40 and closed at $4.33. A total of 9,826 shares were traded, which is a 71% decrease from the average daily volume of 33,754 shares.

The company has a fifty-day moving average of $3.69 and a 200-day moving average of $2.96. Additionally, Converge Technology Solutions recently announced an increase in their dividend payment, with investors of record on Tuesday, March 12th receiving a dividend of $0.0074. This is an improvement from the previous dividend of $0.01 and represents a dividend yield of 0.77%.

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

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