Somewhat Favorable Press Coverage Somewhat Unlikely to Affect FalconStor Software (FALC) Share Price

Headlines about FalconStor Software (NASDAQ:FALC) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. FalconStor Software earned a news impact score of 0.14 on Accern’s scale. Accern also gave media stories about the software maker an impact score of 46.091312599602 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the news articles that may have impacted Accern’s analysis:

FalconStor Software (NASDAQ:FALC) traded up 33.514% during trading on Friday, hitting $0.247. The company had a trading volume of 3,974,621 shares. FalconStor Software has a 52-week low of $0.14 and a 52-week high of $1.14. The stock’s market capitalization is $11.01 million. The firm’s 50 day moving average is $0.23 and its 200-day moving average is $0.36.

FalconStor Software (NASDAQ:FALC) last announced 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 for the quarter. On average, equities analysts forecast that FalconStor Software will post ($0.18) earnings per share for the current year.

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FalconStor Software Company Profile

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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