At the end of the latest market close, Franklin Resources Inc. (BEN) was valued at $26.99. In that particular session, Stock kicked-off at the price of $27.26 while reaching the peak value of $27.605 and lowest value recorded on the day was $27.10. The stock current value is $27.51.
Recently in News on February 17, 2021, Kim Catechis to Join Franklin Templeton Investment Institute as Investment Strategist. Franklin Templeton today announced that Kim Catechis, currently Head of Investment Strategy at Martin Currie, will join the newly launched Franklin Templeton Investment Institute, the firm’s forum for investment insights and their practical application, as Investment Strategist effective April 1, 2021. Catechis will continue to be based in Edinburgh, Scotland, and will report to Stephen Dover, Chief Market Strategist and Head of Franklin Templeton Investment Institute. You can read further details here
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Franklin Resources Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $28.59 on 01/27/21, with the lowest value was $23.96 for the same time period, recorded on 01/05/21.
Franklin Resources Inc. (BEN) full year performance was 7.17%
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 -3.78% during the 52-week period from high price, and 84.51% 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 $28.59.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 4289134 for the day, which was evidently higher, 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 10.08%, having the revenues showcasing 28.07% 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 13.64B, as it employees total of 11400 workers.
Analysts verdict on Franklin Resources Inc. (BEN)
During the last month, 2 analysts gave the Franklin Resources Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 8 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 23.65, with a change in the price was noted +7.87. In a similar fashion, Franklin Resources Inc. posted a movement of +40.07% for the period of last 100 days, recording 3,776,210 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 0.49.
Franklin Resources Inc. (BEN): Technical Analysis
Raw Stochastic average of Franklin Resources Inc. in the period of last 50 days is set at 79.31%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 68.88%. In the last 20 days, the company’s Stochastic %K was 65.51% and its Stochastic %D was recorded 71.18%.
Let’s take a glance in the erstwhile performances of Franklin Resources Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 10.08%. Additionally, trading for the stock in the period of the last six months notably improved by 26.95%, alongside a boost of 7.17% for the period of the last 12 months. The shares increased approximately by 1.07% in the 7-day charts and went down by 1.78% in the period of the last 30 days. Common stock shares were driven by 28.07% during last recorded quarter.