FalconStor Software (OTCMKTS:FALC) Share Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Shares of FalconStor Software, Inc. (OTCMKTS:FALC) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.54 and traded as high as $1.92. FalconStor Software shares last traded at $1.92, with a volume of 100 shares traded.

FalconStor Software Price Performance

The firm’s 50-day moving average price is $1.40 and its 200 day moving average price is $1.54. The firm has a market cap of $13.72 million, a P/E ratio of -13.71 and a beta of 3.07.

FalconStor Software (OTCMKTS:FALC) last issued its quarterly earnings results on Wednesday, May 7th. The software maker reported ($0.06) EPS for the quarter. FalconStor Software had a negative return on equity of 4.90% and a net margin of 8.43%. The company had revenue of $2.48 million for the quarter.

FalconStor Software Company Profile

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.