Formula Systems (1985) Ltd. rose 11.0% on Monday, October 26, 2026, on 2,000 shares, 3.0 times its average daily volume. No headline about FORTY came out that day or the day before in the news feeds we follow, so the move may come from news we don't track, the sector or trading alone.
Formula Systems (1985) Ltd. (FORTY:NASDAQ) closed at $121.00 on October 29, 2026, unchanged on the day. The stock trades 36.5% below its 52-week high of $190.56 and 18.6% above its 52-week low of $102.01. Formula Systems (1985) Ltd. is part of the Technology sector (EDP Services).
In 252 trading sessions since October 30, 2025, FORTY closed higher on 61 days (24%). Its best day was April 1, 2026 (+13.19%) and its worst was February 4, 2026 (-20.10%). The stock moved 10% or more in a single session 5 times. It opened at least 5% above the previous day's high 13 times.
Formula Systems (1985) Ltd. provides software services, proprietary and non-proprietary software solutions, and software product marketing and support services. It offers software solutions and services, such as computer and telecommunication infrastructure solutions; outsourcing and developing customized software; computer systems management infrastructures, Web world content management, database and data warehouse mining, application integration, database and systems, data management, and software development tools; and professional training courses and advanced professional studies. The company also sells personal computers, portable computers, Intel servers, peripheral equipment, operating systems, servers, and workstations, as well as cloud based solutions; and provides computer and peripheral equipment maintenance services, and lab and helpdesk services. In addition, it offers Sapiens ALIS, a software solution for individual, group, and worksite insurance products; Sapiens Retirement Services for record-keeping management; Sapiens Closed Books, a solution to administer policies and claims relating to closed books of business; and Sapiens TOPAZ that enables life and pension ca...
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