Formula Systems (1985) Ltd. (NASDAQ:FORTY – Get Free Report) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $86.23 and last traded at $86.23, with a volume of 635 shares traded. The stock had previously closed at $80.21.
Formula Systems (1985) Stock Performance
The company has a market cap of $1.33 billion, a price-to-earnings ratio of 20.64 and a beta of 1.09. The stock has a 50-day simple moving average of $76.07 and a 200 day simple moving average of $74.51. The company has a current ratio of 1.33, a quick ratio of 1.30 and a debt-to-equity ratio of 0.21.
Formula Systems (1985) (NASDAQ:FORTY – Get Free Report) last issued its quarterly earnings data on Wednesday, May 22nd. The technology company reported $1.10 earnings per share (EPS) for the quarter. The business had revenue of $698.40 million during the quarter. Formula Systems (1985) had a return on equity of 5.17% and a net margin of 2.47%.
Hedge Funds Weigh In On Formula Systems (1985)
About Formula Systems (1985)
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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