On Friday, Franklin Street Properties Corp (AMEX: FSP) opened higher 8.47% from the last session, before settling in for the closing price of $1.77. Price fluctuations for FSP have ranged from $1.47 to $2.72 over the past 52 weeks.
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A company in the Real Estate sector has dropped its sales by -10.97% annually for the last half of the decade. Company’s average yearly earnings per share was noted 14.89% at the time writing. With a float of $81.27 million, this company’s outstanding shares have now reached $103.43 million.
In an organization with 28 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 39.07%, operating margin of 13.45%, and the pretax margin is -31.62%.
Franklin Street Properties Corp (FSP) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the REIT – Office industry is another important factor to consider. The insider ownership of Franklin Street Properties Corp is 21.53%, while institutional ownership is 62.77%. 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) Latest Financial update
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
Check out the current performance indicators for Franklin Street Properties Corp (FSP). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.69.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.39, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach -0.31 in one year’s time.
Technical Analysis of Franklin Street Properties Corp (FSP)
Let’s dig in a bit further. During the last 5-days, its volume was 0.77 million. That was better than the volume of 0.62 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 64.75%. 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 100.00%, which indicates a significant increase from 100.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.26% in the past 14 days, which was lower than the 48.50% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.7158, while its 200-day Moving Average is $1.9010. However, in the short run, Franklin Street Properties Corp’s stock first resistance to watch stands at $1.9633. Second resistance stands at $2.0067. The third major resistance level sits at $2.0933. If the price goes on to break the first support level at $1.8333, it is likely to go to the next support level at $1.7467. The third support level lies at $1.7033 if the price breaches the second support level.
Franklin Street Properties Corp (AMEX: FSP) Key Stats
There are currently 103,567K shares outstanding in the company with a market cap of 215.70 million. Presently, the company’s annual sales total 145,710 K according to its annual income of -48,110 K. Last quarter, the company’s sales amounted to 30,830 K and its income totaled -21,020 K.
