FalconStor Software (OTCMKTS:FALC) Stock Price Passes Above Two Hundred Day Moving Average – Time to Sell?
by Amy Steele · The Cerbat GemFalconStor Software, Inc. (OTCMKTS:FALC – Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $1.80 and traded as high as $3.30. FalconStor Software shares last traded at $2.89, with a volume of 22,548 shares.
FalconStor Software Price Performance
The firm has a market cap of $20.38 million, a price-to-earnings ratio of 21.92 and a beta of 0.31. The firm has a fifty day simple moving average of $2.42 and a two-hundred day simple moving average of $1.81.
FalconStor Software (OTCMKTS:FALC – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The software maker reported $0.12 earnings per share for the quarter. FalconStor Software had a negative return on equity of 11.30% and a net margin of 18.06%.
About FalconStor Software
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.