FalconStor Software (OTCMKTS:FALC – Get Free Report) released its quarterly earnings data on Tuesday. The software maker reported ($0.02) EPS for the quarter, Zacks reports. FalconStor Software had a negative return on equity of 12.83% and a net margin of 18.93%.
FalconStor Software Stock Up 12.3%
Shares of OTCMKTS:FALC traded up $0.16 during trading on Tuesday, hitting $1.46. 7,803 shares of the stock traded hands, compared to its average volume of 5,057. The company has a fifty day moving average price of $1.66 and a two-hundred day moving average price of $2.11. FalconStor Software has a 52-week low of $0.90 and a 52-week high of $3.30. The company has a market cap of $10.45 million, a price-to-earnings ratio of 9.13 and a beta of 0.48.
About FalconStor Software
FalconStor Software, Inc. develops software designed to help organizations protect, manage and recover business data. Its solutions have focused on data protection, backup and disaster recovery, storage virtualization, and business continuity for physical, virtual and cloud environments. The company has offered products and platforms supporting centralized backup management, continuous data protection, replication, storage resource management and recovery operations. FalconStor’s technologies are intended to help businesses reduce data loss, improve system availability and simplify the administration of heterogeneous storage infrastructures.
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