FalconStor Software (OTCMKTS:FALC) Stock Passes Above 200-Day Moving Average of $1.45

FalconStor Software, Inc. (OTCMKTS:FALC)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $1.45 and traded as high as $2.50. FalconStor Software shares last traded at $2.50, with a volume of 200 shares traded.

FalconStor Software Stock Performance

The stock has a fifty day moving average of $1.84 and a 200-day moving average of $1.45. The company has a market cap of $17.84 million, a PE ratio of -27.78 and a beta of 2.25.

FalconStor Software (OTCMKTS:FALC) last announced its quarterly earnings data on Thursday, February 22nd. The software maker reported $0.08 earnings per share for the quarter. The company had revenue of $3.65 million during the quarter. FalconStor Software had a net margin of 8.43% and a negative return on equity of 5.62%.

FalconStor Software Company Profile

FalconStor Software, Inc, a storage software company, enables enterprise customers and managed service providers to secure, migrate, and protect their data worldwide. It offers FalconStor Virtual Tape Library, a software that emulates and replaces cumbersome physical tape libraries for archive related data preservation without being replacing their enterprise backup and archive software and associated processes; FalconStor StorSafe, a long-term archive data management software; FalconStor Continuous Data Protector delivers instant data availability, and reliable recovery; and FalconStor Network Storage Server for data storage virtualization and business continuity in heterogeneous environments.