FalconStor Software (OTCMKTS:FALC) Stock Crosses Above Two Hundred Day Moving Average of $1.82

FalconStor Software, Inc. (OTCMKTS:FALC) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $1.82 and traded as high as $2.20. FalconStor Software shares last traded at $1.50, with a volume of 1,325 shares.

FalconStor Software Stock Performance

The firm has a market capitalization of $10.70 million, a P/E ratio of -25.00 and a beta of 2.29. The firm has a 50 day simple moving average of $1.65 and a two-hundred day simple moving average of $1.82.

FalconStor Software (OTCMKTS:FALC) last posted its quarterly earnings data 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.

About FalconStor Software

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.