Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Franklin Resources, Inc.’s current trading price is -31.53% away from its 52-week high, while its distance from the 52-week low is 9.58%. The stock’s price range during this period has varied between $18.94 and $30.32. The company, active in the Financial sector, saw a trading volume of around 5.61 million for the day, considerably higher average daily volume of 4.6 million observed over the last three months.
Franklin Resources, Inc.’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $30.32 on 12/27/23, and the lowest price during the same period was recorded at $18.94 on 09/11/24.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
How Financial Performance Impacts Market Capitalization
Franklin Resources, Inc. (BEN) has experienced a quarterly decline of -10.40% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 10.86B and boasts a workforce of 9200 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 22.26, with a change in price of -2.08. Similarly, Franklin Resources, Inc. recorded 4,240,541 in trading volume during the last 100 days, posting a change of -9.11%.
How BEN’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for BEN stands at 1.06. Similarly, the long-term debt-to-equity ratio is also 1.06.
BEN Stock Stochastic Average
As of today, the raw stochastic average of Franklin Resources, Inc. over the last 50 days is at 33.49%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 82.69%. Further, the company’s Stochastic %K and %D values for the last 20 days were 82.02% and 67.43%, respectively.
BEN Stock Price Performance Analysis
The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. The metric has seen a significant loss of -30.31% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -24.15%. Over the past 30 days, the price of BEN has fallen by 0.39%. And in the last five days, it has surged by 3.23%.