The Datacentrix share tumbled by 8.3% yesterday despite the fact that the company issued a positive trading update earlier in the day.
The share lost 20c to end the day`s trading at 220c.
Earlier in the day Datacentrix issued a trading update indicating that it expected earnings per share and headline earnings per share for the six months to end-August to be higher than those of the same period a year ago.
Earnings per share are expected to have increased by between 20% and 40% while headline earnings per share are estimated at between 25% and 35% higher.
After trading in a band between 186c and 200c last month, the share rose to 205c last week and then surged on Monday, adding 35c or 17% to end the day at 240c.
It held steady at that level until yesterday.
Last year Datacentrix`s interim headline earnings per share slipped from 11.8c to 11.5c, while basic earnings were down from 10.2c to 9.3c per share.
For the full year to end-February, the company reported headline earnings per share of 21.8c, compared with 22.9c previously, while basic headline earnings of 18.6c compared with a previous figure of 19.5c.
The group says its latest interim results will be published on 28 September.
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