Formula Systems 1985 Ltd traded at 32,350.00 this Friday August 14th, decreasing 260.00 or 0.80 percent since the previous trading session. Looking back, over the last four weeks, Formula Systems 1985 lost 1.13 percent. Over the last 12 months, its price fell by 22.98 percent. Looking ahead, we forecast Formula Systems 1985 Ltd to be priced at 31,327.74 by the end of this quarter and at 28,450.73 in one year, according to Trading Economics global macro models projections and analysts expectations.
Formula Systems (1985) Ltd. (Formula) is a global information technology (IT) solutions and services holding company. The Company, through its directly held subsidiary and affiliated companies, is engaged in providing software solutions and services, software product marketing and support, computer infrastructure and integration solutions, and learning and integration. The Company operates through two segments: software services and IT professional services. The software services segment develops markets, sells and supports an application platform, software applications, business and process integration solutions, and related services. The IT professional services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, as well as supplemental outsourcing services.