Somewhat Positive Press Coverage Somewhat Unlikely to Affect Formula Systems (1985) (FORTY) Share Price
Media headlines about Formula Systems (1985) (NASDAQ:FORTY) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Formula Systems (1985) earned a daily sentiment score of 0.22 on Accern’s scale. Accern also gave news headlines about the technology company an impact score of 47.8699338087359 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Separately, TheStreet cut Formula Systems (1985) from a “b-” rating to a “c+” rating in a research note on Friday, November 17th.
Formula Systems (FORTY) traded down $1.09 during mid-day trading on Friday, hitting $40.81. The stock had a trading volume of 3,300 shares, compared to its average volume of 827. Formula Systems has a 52-week low of $35.52 and a 52-week high of $44.20. The company has a quick ratio of 1.62, a current ratio of 1.63 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $617.15, a PE ratio of 54.42 and a beta of 0.72.
The company also recently disclosed a None dividend, which was paid on Thursday, November 9th. Investors of record on Tuesday, October 17th were given a dividend of $0.235 per share. The ex-dividend date was Monday, October 16th. Formula Systems (1985)’s dividend payout ratio (DPR) is presently 74.03%.
COPYRIGHT VIOLATION WARNING: “Somewhat Positive Press Coverage Somewhat Unlikely to Affect Formula Systems (1985) (FORTY) Share Price” was published by Daily Political and is owned by of Daily Political. If you are reading this report on another publication, it was illegally stolen and reposted in violation of U.S. & international trademark and copyright law. The correct version of this report can be read at https://www.dailypolitical.com/2017/12/08/somewhat-positive-press-coverage-somewhat-unlikely-to-affect-formula-systems-1985-forty-share-price.html.
About Formula Systems (1985)
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.
Receive News & Ratings for Formula Systems (1985) Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Formula Systems (1985) Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.