FalconStor Software, Inc. (OTCMKTS:FALC – Get Free Report) was the target of a large growth in short interest in September. As of September 30th, there was short interest totalling 1,000 shares, a growth of 233.3% from the September 15th total of 300 shares. Based on an average daily trading volume, of 7,600 shares, the short-interest ratio is presently 0.1 days.
FalconStor Software Price Performance
FalconStor Software stock remained flat at $1.39 during mid-day trading on Friday. 12 shares of the company were exchanged, compared to its average volume of 2,785. FalconStor Software has a fifty-two week low of $0.57 and a fifty-two week high of $2.60. The firm has a market cap of $9.92 million, a P/E ratio of -138.86 and a beta of 2.17. The stock has a 50-day moving average of $1.48 and a two-hundred day moving average of $1.74.
FalconStor Software (OTCMKTS:FALC – Get Free Report) last announced its quarterly earnings results on Wednesday, August 7th. The software maker reported ($0.07) EPS for the quarter. FalconStor Software had a net margin of 14.90% and a negative return on equity of 9.90%. The firm had revenue of $2.36 million during the quarter.
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.
Read More
- Five stocks we like better than FalconStor Software
- The Risks of Owning Bonds
- 3 Micro-Caps Set for Major Moves: Balancing Risk and Opportunity
- Technology Stocks Explained: Here’s What to Know About Tech
- Autodesk Named a “Top Pick” by Morgan Stanley—Is It Time to Buy?
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- 4 Quirky ETFs With Big Potential for Impressive Gains
Receive News & Ratings for FalconStor Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FalconStor Software and related companies with MarketBeat.com's FREE daily email newsletter.