Formula Systems (1985) Ltd. (NASDAQ:FORTY – Get Rating) announced a Semi-Annual dividend on Tuesday, May 23rd, Zacks reports. Stockholders of record on Monday, June 5th will be given a dividend of 0.446 per share by the technology company on Monday, July 3rd. The ex-dividend date is Friday, June 2nd.
Formula Systems (1985) Price Performance
FORTY stock opened at $69.20 on Thursday. Formula Systems has a 52-week low of $60.29 and a 52-week high of $110.42. The stock’s fifty day simple moving average is $65.97 and its 200-day simple moving average is $72.33. The company has a quick ratio of 1.34, a current ratio of 1.37 and a debt-to-equity ratio of 0.36. The stock has a market capitalization of $1.06 billion, a price-to-earnings ratio of 13.26 and a beta of 1.05.
Formula Systems (1985) (NASDAQ:FORTY – Get Rating) last posted its quarterly earnings data on Thursday, March 16th. The technology company reported $1.00 earnings per share (EPS) for the quarter. Formula Systems (1985) had a return on equity of 6.96% and a net margin of 3.13%. The business had revenue of $633.88 million for the quarter.
Institutional Inflows and Outflows
Formula Systems (1985) Company Profile
Formula Systems (1985) Ltd. engages in the provision of software solutions and IT professional services. It operates through the following segments: Matrix, Sapiens, Magic Software, and Other. The company was founded on April 2, 1985 and is headquartered in Or Yehuda, Israel.
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