FalconStor Software (OTCMKTS:FALC) Stock Falls 3.7% – Should You Sell?

FalconStor Software, Inc. (OTCMKTS:FALC) traded down 3.7% during mid-day trading on Monday. The company traded as low as $1.16 and last traded at $1.30. Approximately 7,791 shares were traded during trading, an increase of 914% from the average daily volume of 768 shares. The stock had previously closed at $1.35.

FalconStor Software Price Performance

The stock has a market cap of $10.94 million, a price-to-earnings ratio of 9.56 and a beta of 0.48. The stock’s 50-day moving average is $1.66 and its 200-day moving average is $2.11.

FalconStor Software (OTCMKTS:FALC) last issued its quarterly earnings results on Tuesday, November 10th. The software maker reported ($0.02) earnings per share for the quarter. FalconStor Software had a net margin of 18.93% and a negative return on equity of 12.83%. The business had revenue of $3.26 million during the quarter.

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.