Franklin Street Properties Corp’s Market Journey: Closing Strong at 1.70, Up 0.59

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The closing price of Franklin Street Properties Corp (AMEX: FSP) was $1.70 for the day, up 0.59% from the previous closing price of $1.69. In other words, the price has increased by $0.59 from its previous closing price. On the day, 0.63 million shares were traded. FSP stock price reached its highest trading level at $1.72 during the session, while it also had its lowest trading level at $1.675.

Ratios:

Our analysis of FSP’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.19 and its Current Ratio is at 2.19. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.39.

On January 07, 2020, BMO Capital Markets Downgraded its rating to Underperform which previously was Market Perform but kept the price unchanged to $8.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 13 ’24 when Schanzer Bruce J bought 43,311 shares for $1.89 per share. The transaction valued at 81,654 led to the insider holds 3,489,374 shares of the business.

Carter Jeffrey B bought 18,500 shares of FSP for $39,213 on Dec 16 ’24. The President & CIO now owns 18,500 shares after completing the transaction at $2.12 per share. On Dec 11 ’24, another insider, Schanzer Bruce J, who serves as the Director of the company, bought 110,589 shares for $1.87 each. As a result, the insider paid 207,233 and bolstered with 3,405,463 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FSP now has a Market Capitalization of 176063904 and an Enterprise Value of 393964416. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.52 while its Price-to-Book (P/B) ratio in mrq is 0.28. Its current Enterprise Value per Revenue stands at 3.396 whereas that against EBITDA is 11.263.

Stock Price History:

The Beta on a monthly basis for FSP is 0.90, which has changed by 0.069182396 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, FSP has reached a high of $2.21, while it has fallen to a 52-week low of $1.36. The 50-Day Moving Average of the stock is 2.72%, while the 200-Day Moving Average is calculated to be -4.13%.

Shares Statistics:

FSP traded an average of 421.45K shares per day over the past three months and 354890 shares per day over the past ten days. A total of 103.57M shares are outstanding, with a floating share count of 72.32M. Insiders hold about 30.17% of the company’s shares, while institutions hold 57.81% stake in the company. Shares short for FSP as of 1748563200 were 1580479 with a Short Ratio of 3.75, compared to 1745971200 on 1324770. Therefore, it implies a Short% of Shares Outstanding of 1580479 and a Short% of Float of 1.6900001000000002.

Dividends & Splits

With its trailing 12-month dividend rate of 0.04, FSP has a forward annual dividend rate of 0.02. Against a Trailing Annual Dividend Yield of 0.023668637The stock’s 5-year Average Dividend Yield is 5.13.

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