FalconStor Software (OTCMKTS:FALC) Stock Price Passes Above Two Hundred Day Moving Average – Should You Sell?
by Teresa Graham · The Cerbat GemFalconStor Software, Inc. (OTCMKTS:FALC – Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.70 and traded as high as $2.50. FalconStor Software shares last traded at $2.44, with a volume of 1,713 shares changing hands.
FalconStor Software Stock Performance
The firm has a 50-day simple moving average of $2.10 and a two-hundred day simple moving average of $1.70. The company has a market capitalization of $17.16 million, a price-to-earnings ratio of -47.99 and a beta of 0.29.
FalconStor Software (OTCMKTS:FALC – Get Free Report) last released its earnings results on Wednesday, March 4th. The software maker reported $0.19 earnings per share for the quarter. FalconStor Software had a negative return on equity of 5.94% and a net margin of 11.07%.The firm had revenue of $3.31 million for the quarter.
FalconStor Software Company Profile
FalconStor Software, Inc is a provider of enterprise data protection and storage virtualization solutions designed to help organizations manage, protect and recover their critical data. The company’s offerings focus on reducing the complexity and cost of backup, replication and disaster recovery through software-defined storage technologies. By abstracting physical storage resources and automating data movement, FalconStor enables seamless integration with heterogeneous storage environments.
The company’s flagship platform, FreeStor, delivers a vendor-agnostic storage virtualization layer that supports continuous data protection (CDP), snapshot management, replication and orchestration across on-premises, cloud and hybrid infrastructures.