Falconstor Software Volume Spikes Almost 400%
Shares of Falconstor Software Inc(FALC) gained more than 6% on Friday as volume spiked more than 370% above the 3-month daily average.
There were no significant news releases or other significant events that could be detected.
Falconstor Software develops, manufactures and sells network storage software solutions, as well as provides related maintenance, implementation, and engineering services.
The company has $39 million in cash and equivalents with no debt as last reported by Yahoo!Finance, with a total market valuation of $424 million.
Both yearly revenues and net earnings have been increasing substantially over the last 3 years.
Shares of Falconstor closed at $8.83, which is 9.90% away from the 52-week high of $9.80
Falconstor Software has made VSI's Watch List.
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Shares of Falconstor Software Inc(FALC) gained more than 6% on Friday as volume spiked more than 370% above the 3-month daily average.
There were no significant news releases or other significant events that could be detected.
Falconstor Software develops, manufactures and sells network storage software solutions, as well as provides related maintenance, implementation, and engineering services.The company has $39 million in cash and equivalents with no debt as last reported by Yahoo!Finance, with a total market valuation of $424 million.
Both yearly revenues and net earnings have been increasing substantially over the last 3 years.
Shares of Falconstor closed at $8.83, which is 9.90% away from the 52-week high of $9.80
Falconstor Software has made VSI's Watch List.
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