Franklin Street Properties Corp. (AMEX: FSP) kicked off on Tuesday, remained unchanged from the previous trading day, before settling in for the closing price of $1.63. Over the past 52 weeks, FSP has traded in a range of $1.47-$2.72.
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Annual sales at Real Estate sector company slipped by -10.97% over the past five years. While this was happening, its average annual earnings per share was recorded 14.89%. With a float of $81.27 million, this company’s outstanding shares have now reached $103.43 million.
Let’s look at the performance matrix of the company that is accounted for 28 employees. In terms of profitability, gross margin is 28.89%, operating margin of -6.92%, and the pretax margin is -52.11%.
Franklin Street Properties Corp. (FSP) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the REIT – Office Industry. The insider ownership of Franklin Street Properties Corp. is 21.53%, while institutional ownership is 62.18%. The most recent insider transaction that took place on Mar 04 ’24, was worth 116,320. In this transaction Director of this company bought 50,000 shares at a rate of $2.33, taking the stock ownership to the 1,191,656 shares. Before that another transaction happened on Nov 13 ’23, when Company’s Director bought 40,000 for $2.09, making the entire transaction worth $83,732. This insider now owns 1,141,656 shares in total.
Franklin Street Properties Corp. (FSP) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.44 earnings per share (EPS), lower than consensus estimate (set at -0.06) by -0.38. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 14.89% per share during the next fiscal year.
Franklin Street Properties Corp. (AMEX: FSP) Trading Performance Indicators
Take a look at Franklin Street Properties Corp.’s (FSP) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.24.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.68, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach -0.31 in one year’s time.
Technical Analysis of Franklin Street Properties Corp. (FSP)
Franklin Street Properties Corp. (AMEX: FSP) saw its 5-day average volume 0.48 million, a negative change from its year-to-date volume of 0.62 million. As of the previous 9 days, the stock’s Stochastic %D was 22.66%. Additionally, its Average True Range was 0.08.
During the past 100 days, Franklin Street Properties Corp.’s (FSP) raw stochastic average was set at 27.59%, which indicates a significant increase from 17.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.73% in the past 14 days, which was lower than the 48.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.6692, while its 200-day Moving Average is $1.9776. Nevertheless, the first resistance level for the watch stands at $1.6667 in the near term. At $1.7033, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.7367. If the price goes on to break the first support level at $1.5967, it is likely to go to the next support level at $1.5633. Assuming the price breaks the second support level, the third support level stands at $1.5267.
Franklin Street Properties Corp. (AMEX: FSP) Key Stats
The company with the Market Capitalisation of 168.82 million has total of 103,430K Shares Outstanding. Its annual sales at the moment are 145,710 K in contrast with the sum of -48,110 K annual income. Company’s last quarter sales were recorded 30,830 K and last quarter income was -21,020 K.
