FalconStor Software (OTCMKTS:FALC) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

FalconStor Software, Inc. (OTCMKTS:FALC)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.65 and traded as high as $1.85. FalconStor Software shares last traded at $1.80, with a volume of 346 shares traded.

FalconStor Software Price Performance

The business has a fifty day moving average of $1.88 and a 200 day moving average of $1.65. The stock has a market cap of $12.87 million, a price-to-earnings ratio of -10.00 and a beta of 3.14.

FalconStor Software (OTCMKTS:FALC) last released its quarterly earnings data on Wednesday, August 6th. The software maker reported ($0.11) EPS for the quarter. FalconStor Software had a negative return on equity of 2.03% and a net margin of 3.68%.

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.