Converge Technology Solutions (OTCMKTS:CTSDF) Stock Price Down 2.4% – Here’s Why

Converge Technology Solutions Corp. (OTCMKTS:CTSDFGet Free Report) dropped 2.4% during mid-day trading on Friday . The company 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 Trading Down 2.4 %

The company’s 50 day moving average price is $2.40 and its 200 day moving average price is $2.86.

Converge Technology Solutions Cuts Dividend

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

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.

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