FalconStor Software (OTCMKTS:FALC) Shares Pass Above 200 Day Moving Average of $1.74

FalconStor Software, Inc. (OTCMKTS:FALC) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $1.74 and traded as high as $2.11. FalconStor Software shares last traded at $2.11, with a volume of 1,296 shares traded.

FalconStor Software Price Performance

The firm has a 50 day moving average price of $1.80 and a 200 day moving average price of $1.75.

FalconStor Software (OTCMKTS:FALC) last posted its quarterly earnings data on Wednesday, May 8th. The software maker reported ($0.08) EPS for the quarter. FalconStor Software had a negative return on equity of 7.46% and a net margin of 11.23%. The company had revenue of $2.30 million during the quarter.

About FalconStor Software

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.