Formula Systems (1985) (NASDAQ:FORTY - Get Free Report) issued its quarterly earnings data on Thursday. The technology company reported $1.28 earnings per share for the quarter, Zacks reports. The company had revenue of $691.50 million during the quarter. Formula Systems (1985) had a return on equity of 5.68% and a net margin of 2.78%.
Formula Systems (1985) Trading Down 2.0 %
FORTY traded down $1.89 on Monday, hitting $91.86. The company had a trading volume of 4,789 shares, compared to its average volume of 842. The company's fifty day moving average price is $93.33 and its 200 day moving average price is $87.11. Formula Systems has a 1 year low of $69.07 and a 1 year high of $100.00. The company has a current ratio of 1.41, a quick ratio of 1.38 and a debt-to-equity ratio of 0.22. The firm has a market cap of $1.41 billion, a P/E ratio of 19.06 and a beta of 1.10.
Formula Systems (1985) Company Profile
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Formula Systems (1985) Ltd., through its subsidiaries, provides proprietary and non-proprietary software solutions, IT professional services, software product marketing and support, computer infrastructure and integration solutions, and learning and integration worldwide. The company offers computer and telecommunication infrastructure solutions; and sells and markets computers and peripheral equipment, and cloud based solutions and services relating to databases and big data.
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