20ILS
236.08 MILS
9.67 BILS
9.31 M
About FORMULA
Sector
Industry
CEO
Guy Shimon Bernstein
Website
Headquarters
Or Yehuda
Founded
1985
ISIN
IL0002560162
FIGI
BBG000JN58H7
Formula Systems (1985) Ltd. engages in the provision of software solutions and Information Technology professional services. It operates through the following segments: Matrix IT, Sapiens, Magic Software, Michpal, ZAP Group, and Other. The company was founded on April 2, 1985 and is headquartered in Or Yehuda, Israel.
BUY and BUY MORE if IT cross the green line !it will continue to climb next week, I advise you to buy and double your investment after crossing the green line
I recommend buying again in the next green candle FORMULA will return to climb in the next days
Because we are above the white line and we have a red candle matching with volume up
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Frequently Asked Questions
The current price of FORTY is 28240 ILA — it has increased by 1.55% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on TASE exchange FORMULA stocks are traded under the ticker FORTY.
FORMULA is going to release the next earnings report on May 22, 2024. Keep track of upcoming events with our Earnings Calendar.
FORTY stock is 2.19% volatile and has beta coefficient of 1.13. Check out the list of the most volatile stocks — is FORMULA there?
Yes, you can track FORMULA financials in yearly and quarterly reports right on TradingView.
FORTY stock has fallen by 5.11% compared to the previous week, the month change is a 0.53% fall, over the last year FORMULA has showed a 29.54% increase.
FORTY net income for the last quarter is 60.06 M ILS, while the quarter before that showed 58.38 M ILS of net income which accounts for 2.88% change. Track more FORMULA financial stats to get the full picture.
Today FORMULA has the market capitalization of 4.26 B, it has increased by 4.47% over the last week.
Yes, FORTY dividends are paid annually. The last dividend per share was 2.30 ILS. As of today, Dividend Yield (TTM)% is 1.60%. Tracking FORMULA dividends might help you take more informed decisions.
FORMULA dividend yield was 0.99% in 2023, and payout ratio reached 14.91%. The year before the numbers were 1.75% and 24.95% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, FORTY shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade FORMULA stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So FORMULA technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating FORMULA stock shows the buy signal. See more of FORMULA technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.