Somewhat Positive News Coverage Somewhat Unlikely to Impact FalconStor Software (FALC) Stock Price
Press coverage about FalconStor Software (NASDAQ:FALC) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, 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 media coverage about the software maker an impact score of 46.0478768329835 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:
- FalconStor Software, Inc. (FALC: null) | FalconStor Announces Trading of Its Common Stock Will Be Moved From Nasdaq to OTC (lightwaveonline.com)
- FalconStor Software stock to be delisted Monday from Nasdaq (newsday.com)
- ETFs with exposure to FalconStor Software, Inc. : September 22, 2017 (finance.yahoo.com)
Separately, ValuEngine upgraded FalconStor Software from a “sell” rating to a “hold” rating in a research note on Monday, September 11th.
Shares of FalconStor Software (FALC) traded down 19.000% during midday trading on Tuesday, hitting $0.243. The company had a trading volume of 985,482 shares. The company has a 50-day moving average of $0.34 and a 200 day moving average of $0.32. FalconStor Software has a 12 month low of $0.14 and a 12 month high of $1.10. The firm’s market capitalization is $10.83 million.
FalconStor Software (NASDAQ:FALC) last issued its quarterly earnings data on Thursday, August 10th. The software maker reported ($0.02) earnings per share for the quarter. The firm had revenue of $6.73 million during the quarter. On average, analysts expect that FalconStor Software will post ($0.18) EPS for the current fiscal year.
In related news, major shareholder Esw Capital, Llc bought 1,382,884 shares of the stock in a transaction that occurred on Wednesday, August 23rd. The stock was purchased at an average cost of $0.37 per share, with a total value of $511,667.08. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 23.40% of the company’s stock.
TRADEMARK VIOLATION NOTICE: This story was first published by Watch List News and is the property of of Watch List News. If you are accessing this story on another publication, it was stolen and reposted in violation of international copyright & trademark laws. The correct version of this story can be viewed at https://www.watchlistnews.com/somewhat-positive-news-coverage-somewhat-unlikely-to-impact-falconstor-software-falc-stock-price/1589339.html.
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.
Receive News & Ratings for FalconStor Software Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FalconStor Software Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.