A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Year to date metric has recorded a loss of -17.05%.However, over the last six months, we can see a weaker performance of 9.09%. Over the last 30 days, the price of BEN has leaped by -8.14%. And in the last five days, it has fallen by -10.28%.
The market performance of Franklin Resources, Inc.’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $30.32 on 12/27/23, while the lowest value for the same duration was $21.88 on 10/31/23.
52-week price history of BEN Stock
Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. Franklin Resources, Inc.’s current trading price is -18.50% away from its 52-week high, while its distance from the 52-week low is 12.93%. The stock’s price range during this time has been between $21.88 and $30.32. The trading volume for the Financial sector company’s shares reached about 5.06 million for the day, which was higher than the average daily volume of 3.39 million over the last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Franklin Resources, Inc. (BEN) has experienced a quarterly decline of -11.24% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 13.01B and boasts a workforce of 9200 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 27.27, with a change in price of +0.51. Similarly, Franklin Resources, Inc. recorded 3,319,924 in trading volume during the last 100 days, posting a change of +2.11%.
BEN’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for BEN stands at 0.98. Similarly, the long-term debt-to-equity ratio is also 0.97.
BEN Stock Stochastic Average
Today’s raw stochastic average for Franklin Resources, Inc. over the last 50 days is 7.36%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 8.27%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 5.97% and 6.50%, respectively.
