Market Recap: Franklin Street Properties Corp. (FSP)’s Negative Momentum, Closing at 1.79

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The closing price of Franklin Street Properties Corp. (AMEX: FSP) was $1.79 for the day, down -4.79% from the previous closing price of $1.88. In other words, the price has decreased by -$4.79 from its previous closing price. On the day, 1.94 million shares were traded. FSP stock price reached its highest trading level at $1.87 during the session, while it also had its lowest trading level at $1.78.

Ratios:

Our analysis of FSP’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 0.42 whereas as Long-Term Debt/Eq ratio is at 0.42.

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 Mar 04 ’24 when HANSEN BRIAN N bought 50,000 shares for $2.33 per share. The transaction valued at 116,320 led to the insider holds 1,191,656 shares of the business.

HANSEN BRIAN N bought 40,000 shares of FSP for $83,732 on Nov 13 ’23. The Director now owns 1,141,656 shares after completing the transaction at $2.09 per share. On Nov 10 ’23, another insider, HANSEN BRIAN N, who serves as the Director of the company, bought 35,000 shares for $2.10 each. As a result, the insider paid 73,388 and bolstered with 1,101,656 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 185139696 and an Enterprise Value of 448423328. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.30 while its Price-to-Book (P/B) ratio in mrq is 0.26. Its current Enterprise Value per Revenue stands at 3.222 whereas that against EBITDA is 9.698.

Stock Price History:

Over the past 52 weeks, FSP has reached a high of $2.72, while it has fallen to a 52-week low of $1.33. The 50-Day Moving Average of the stock is -10.15%, while the 200-Day Moving Average is calculated to be -16.22%.

Shares Statistics:

FSP traded an average of 568.53K shares per day over the past three months and 1475640 shares per day over the past ten days. A total of 103.43M shares are outstanding, with a floating share count of 81.67M. Insiders hold about 21.04% of the company’s shares, while institutions hold 61.25% stake in the company. Shares short for FSP as of 1715731200 were 361082 with a Short Ratio of 0.64, compared to 1713139200 on 477843. Therefore, it implies a Short% of Shares Outstanding of 361082 and a Short% of Float of 0.37.

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 0.021276595The stock’s 5-year Average Dividend Yield is 5.68.

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