In trading on Wednesday, shares of Formula Systems (1985) Ltd (Symbol: FORTY) dipped below their 200-day moving average of $135.01, reaching a low of $132.38 per share. This decline represents a significant drop of approximately 20.1% for the day.
Over the past year, FORTY’s stock has fluctuated between a low of $82.52 and a high of $190.56, with the latest trade at $132.38 indicating a notable distance from its recent high.
