FORTY

Formula Systems Breaks Above 200-Day Moving Average - Bullish for FORTY

In trading on Tuesday, shares of Formula Systems (1985) Ltd (Symbol: FORTY) crossed above their 200 day moving average of $73.85, changing hands as high as $76.21 per share. Formula Systems (1985) Ltd shares are currently trading up about 3% on the day. The chart below shows the one year performance of FORTY shares, versus its 200 day moving average: Formula Systems (1985) Ltd 200 Day Moving Average Chart

Looking at the chart above, FORTY's low point in its 52 week range is $55.97 per share, with $87.10 as the 52 week high point — that compares with a last trade of $75.39.

Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average »

Also see:
• Stocks with Recent Secondaries That Hedge Funds Are Selling
• ARAY Insider Buying
• YCL market cap history

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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