On Tuesday, Franklin Street Properties Corp (AMEX: FSP) opened lower -3.10% from the last session, before settling in for the closing price of $0.99. Price fluctuations for FSP have ranged from $0.98 to $2.21 over the past 52 weeks.
Company’s average yearly earnings per share was noted 11.76% at the time writing. With a float of $83.70 million, this company’s outstanding shares have now reached $103.69 million.
Franklin Street Properties Corp (FSP) Insider Updates
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 19.28%, while institutional ownership is 55.86%. The most recent insider transaction that took place on Dec 13 ’24, was worth 81,654. In this transaction Director of this company bought 43,311 shares at a rate of $1.89, taking the stock ownership to the 3,489,374 shares. Before that another transaction happened on Dec 16 ’24, when Company’s President & CIO bought 18,500 for $2.12, making the entire transaction worth $39,213. This insider now owns 18,500 shares in total.
Franklin Street Properties Corp (FSP) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 12/31/2024, the company posted -0.08 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -0.03) by -0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.76% 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 the past quarter, the stock posted a quick ratio of 1.91. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.92.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.45, a number that is poised to hit -0.08 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 1.28 million. That was better than the volume of 0.44 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 9.02%.
During the past 100 days, Franklin Street Properties Corp’s (FSP) raw stochastic average was set at 3.79%, which indicates a significant decrease from 9.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0648 in the past 14 days, which was higher than the 0.0569 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.4280, while its 200-day Moving Average is $1.6423. However, in the short run, Franklin Street Properties Corp’s stock first resistance to watch stands at $0.9877. Second resistance stands at $1.0116. The third major resistance level sits at $1.0405. If the price goes on to break the first support level at $0.9349, it is likely to go to the next support level at $0.9060. Assuming the price breaks the second support level, the third support level stands at $0.8821.
Franklin Street Properties Corp (AMEX: FSP) Key Stats
There are currently 103,690K shares outstanding in the company with a market cap of 99.93 million. Presently, the company’s annual sales total 120,110 K according to its annual income of -52,720 K. Last quarter, the company’s sales amounted to 27,300 K and its income totaled -8,330 K.
