On Friday, Converge Technology Solutions Corp. (OTCMKTS: CTSDF) saw a 1.2% increase in its stock price during mid-day trading. The stock reached a high of $4.40 and closed at $4.33, with trading volume lower than average, with only 9,826 shares changing hands compared to the daily average of 33,754 shares.
The company’s stock has shown a positive trend, with 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 its dividend payment, with investors receiving $0.0074 per share. This is an improvement from the previous dividend of $0.01, showing a dividend yield of 0.77%.
Converge Technology Solutions Corp., based in the United States and Canada, provides software-enabled IT and cloud solutions to clients in various industries through their services such as advanced analytics, application modernization, cloud computing, cybersecurity, digital infrastructure, and digital workplace offerings.
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