Press coverage about FalconStor Software (NASDAQ:FALC) has been trending somewhat positive on Tuesday, Accern Sentiment reports. Accern scores the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. FalconStor Software earned a daily sentiment score of 0.10 on Accern’s scale. Accern also assigned news headlines about the software maker an impact score of 46.1313942428588 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Here are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:

Shares of FalconStor Software (NASDAQ FALC) traded down 11.5217% during midday trading on Tuesday, reaching $0.1628. The company had a trading volume of 576,213 shares. The firm’s market cap is $7.23 million. FalconStor Software has a 52-week low of $0.15 and a 52-week high of $1.14. The company’s 50-day moving average is $0.23 and its 200-day moving average is $0.36.

FalconStor Software (NASDAQ:FALC) last posted its quarterly earnings results on Thursday, August 10th. The software maker reported ($0.02) earnings per share for the quarter. The business had revenue of $6.73 million for the quarter. Equities research analysts expect that FalconStor Software will post ($0.18) EPS for the current fiscal year.

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About FalconStor Software

FalconStor Software, Inc is a Software-Defined Storage (SDS) company offering a converged data services software platform. The Company’s platform FreeStor, allows information technology (IT) organizations minimize and eliminate that complexity with the delivery of migration, continuity, protection, recovery and optimization for any storage environment through a management interface for a price based on managed capacity across arrays, servers, hypervisors, data centers, and the cloud.

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