FalconStor Software, Inc. (OTCMKTS:FALC – Get Free Report ) rose above its 200-day moving average during trading on Friday. The stock’s 200-day moving average is $1.74 and it traded as high as $2.11. FalconStor Software shares last traded at $2.11 with trading volume of 1,296 shares.
FalconStore Software shares rise 0.5%
The company’s 50-day simple moving average is $1.79 and its 200-day simple moving average is $1.74. The company’s shares have a market capitalization of $15.04 million, a P/E ratio of -35.17 and a beta of 2.29.
FalconStor Software (OTCMKTS:FALC – Get free report ) announced its quarterly earnings results on Wednesday, May 8th. The software maker reported earnings per share (EPS) of ($0.08) for the quarter. FalconStor Software had a net margin of 11.23% and a return on equity of negative 7.46%. Revenue for the quarter was $2.3 million.
About FalconStor Software
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FalconStor Software, Inc. is a storage software company that helps enterprise customers and managed service providers protect, migrate and secure data worldwide. The company offers FalconStor Virtual Tape Library, software that emulates and replaces cumbersome physical tape libraries for archival data storage without replacing an enterprise’s backup and archiving software and related processes; FalconStor StorSafe, long-term archival data management software; FalconStor Continuous Data Protector, for instant data availability and reliable recovery; and FalconStor Network Storage Server, for data storage virtualization and business continuity in heterogeneous environments.
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