Formula Systems (1985) Ltd. (NASDAQ:FORTY) shares reached a new 52-week high on Thursday . The stock traded as high as $53.55 and last traded at $53.15, with a volume of 277 shares. The stock had previously closed at $53.50.
The stock has a 50-day moving average price of $48.95. The company has a current ratio of 1.47, a quick ratio of 1.46 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $729.53 million, a price-to-earnings ratio of 23.91 and a beta of 0.87.
Formula Systems (1985) (NASDAQ:FORTY) last posted its quarterly earnings data on Thursday, May 23rd. The technology company reported $0.58 earnings per share for the quarter. Formula Systems (1985) had a net margin of 2.32% and a return on equity of 4.00%. The business had revenue of $391.35 million during the quarter.
Formula Systems (1985) Company Profile (NASDAQ:FORTY)
Formula Systems (1985) Ltd., through its subsidiaries, provides software, proprietary and non-proprietary software, and software product marketing and support services. The company offers computer and telecommunication infrastructure solutions; computer solutions to computer and communications infrastructures; cloud computing solutions; database and big data services; customer relations management, computer systems management infrastructures, Web world content management, database and data warehouse mining, application integration, database and systems, data management, and software development tools; and professional training courses and advanced professional studies.
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