Formula Systems (1985) (FORTY) Given Daily News Sentiment Score of 0.09
News headlines about Formula Systems (1985) (NASDAQ:FORTY) have been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. Accern rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Formula Systems (1985) earned a news impact score of 0.09 on Accern’s scale. Accern also gave media coverage about the technology company an impact score of 46.0542069770642 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Formula Systems (NASDAQ:FORTY) remained flat at $42.10 during trading on Friday. 3 shares of the company’s stock were exchanged. Formula Systems has a 12-month low of $35.52 and a 12-month high of $44.20.
The firm also recently announced a semiannual dividend, which will be paid on Thursday, November 2nd. Stockholders of record on Tuesday, October 17th will be given a $0.34 dividend. The ex-dividend date of this dividend is Monday, October 16th. This represents a dividend yield of 1.62%. Formula Systems (1985)’s dividend payout ratio (DPR) is presently 43.04%.
Formula Systems (1985) Company Profile
Formula Systems (1985) Ltd. (Formula) is a global information technology (IT) solutions and services holding company. The Company, through its directly held subsidiary and affiliated companies, is engaged in providing software solutions and services, software product marketing and support, computer infrastructure and integration solutions, and learning and integration.
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