For the readers interested in the stock health of Franklin Resources Inc. (BEN). It is currently valued at $24.75. When the transactions were called off in the previous session, Stock hit the highs of $24.95, after setting-off with the price of $24.81. Company’s stock value dipped to $24.655 during the trading on the day. When the trading was stopped its value was $24.62.
Recently in News on December 15, 2020, Franklin Resources, Inc. Announces Increased Quarterly Dividend. Franklin Resources, Inc. (the “Company”) [NYSE:BEN] announced a quarterly cash dividend in the amount of $0.28 per share payable on January 15, 2021 to stockholders of record holding shares of common stock at the close of business on December 31, 2020. The quarterly dividend of $0.28 per share represents a 4% increase over the dividends paid for the prior quarter and the same quarter last year. The Company has raised its dividend every year since 1981. You can read further details here
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Franklin Resources Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $27.60 on 02/18/20, with the lowest value was $14.91 for the same time period, recorded on 04/16/20.
Franklin Resources Inc. (BEN) full year performance was -5.68%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Franklin Resources Inc. shares are logging -10.33% during the 52-week period from high price, and 66.00% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $14.91 and $27.60.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 2942660 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Franklin Resources Inc. (BEN) recorded performance in the market was -4.73%, having the revenues showcasing 17.86% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 12.45B, as it employees total of 11800 workers.
Market experts do have their say about Franklin Resources Inc. (BEN)
During the last month, 1 analysts gave the Franklin Resources Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 9 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 5 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 21.49, with a change in the price was noted +3.73. In a similar fashion, Franklin Resources Inc. posted a movement of +17.75% for the period of last 100 days, recording 3,664,768 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for BEN is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.43.
Technical breakdown of Franklin Resources Inc. (BEN)
Raw Stochastic average of Franklin Resources Inc. in the period of last 50 days is set at 97.13%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 95.68%. In the last 20 days, the company’s Stochastic %K was 91.46% and its Stochastic %D was recorded 90.74%.
Bearing in mind the latest performance of Franklin Resources Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -4.73%. Additionally, trading for the stock in the period of the last six months notably improved by 9.71%, alongside a downfall of -5.68% for the period of the last 12 months. The shares increased approximately by 3.21% in the 7-day charts and went down by 16.36% in the period of the last 30 days. Common stock shares were driven by 17.86% during last recorded quarter.