FalconStor Software (OTCMKTS:FALC) Stock Rating Lowered by ValuEngine

Share on StockTwits

ValuEngine downgraded shares of FalconStor Software (OTCMKTS:FALC) from a buy rating to a hold rating in a research note released on Thursday, ValuEngine reports.

Shares of OTCMKTS:FALC opened at $3.07 on Thursday. FalconStor Software has a 52-week low of $3.00 and a 52-week high of $17.00. The stock has a 50 day moving average price of $4.18 and a 200-day moving average price of $3.45.

FalconStor Software (OTCMKTS:FALC) last announced its earnings results on Tuesday, November 19th. The software maker reported ($0.03) earnings per share (EPS) for the quarter. FalconStor Software had a negative return on equity of 0.46% and a negative net margin of 11.20%. The firm had revenue of $3.97 million during the quarter.

FalconStor Software Company Profile

FalconStor Software, Inc, a storage software company, develops, manufactures, and sells data migration, business continuity, disaster recovery, optimized backup, and de-duplication solutions worldwide. It offers FreeStor, a software-defined platform that provides migration, continuity, protection/recovery, and optimization for storage environment through a single management interface; FalconStor network storage server for migration, storage virtualization, provisioning, and management; and FalconStor continuous data protector for bootable snapshots, zero-impact backup, and local and remote disaster recovery.

Featured Story: How Do Mutual Funds Work?

To view ValuEngine’s full report, visit ValuEngine’s official website.

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.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


 
© 2006-2019 BBNS.