Somewhat Positive Press Coverage Somewhat Unlikely to Affect FalconStor Software (FALC) Stock Price
News articles about FalconStor Software (NASDAQ:FALC) have trended somewhat positive on Monday, according to Accern Sentiment. The research group rates the sentiment of media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. FalconStor Software earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned media coverage about the software maker an impact score of 46.9823019945786 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.
These are some of the headlines that may have effected Accern Sentiment’s scoring:
- FalconStor Software shares jump after management change (newsday.com)
- U.S. Stоcks Lоwer At Clоse оf Trade; Dоw Jоnes Industrial Average Dоwn 0.35% (newscame.com)
- FalconStor Announces Key Executive Leadership Appointments / Turnaround Expertise Added to Accelerate Company’s Reorganization (finanznachrichten.de)
Shares of FalconStor Software (FALC) traded up 49.7571% during mid-day trading on Monday, hitting $0.3699. The stock had a trading volume of 12,147,906 shares. FalconStor Software has a 12 month low of $0.14 and a 12 month high of $1.14. The firm has a 50 day moving average price of $0.23 and a 200-day moving average price of $0.36. The stock’s market cap is $16.48 million.
FalconStor Software (NASDAQ:FALC) last posted its quarterly earnings data on Thursday, August 10th. The software maker reported ($0.02) earnings per share (EPS) for the quarter. The firm had revenue of $6.73 million during the quarter. On average, equities research analysts forecast that FalconStor Software will post ($0.18) EPS for the current 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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