Converge Technology Solutions (OTCMKTS:CTSDF) Trading Down 2.4% – Should You Sell?

Converge Technology Solutions Corp. (OTCMKTS:CTSDFGet Free Report)’s share price 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 were traded during 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 Price Performance

The stock’s fifty day moving average is $2.40 and its two-hundred day moving average is $2.87.

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 paid a $0.0108 dividend. The ex-dividend date of this dividend was Tuesday, December 10th. This represents a dividend 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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