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 -31.01% away from its 52-week high, while its distance from the 52-week low is 7.10%. The stock’s price range during this period has varied between $18.94 and $29.41. The company, active in the Financial sector, saw a trading volume of around 4.19 million for the day, considerably higher average daily volume of 4.01 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 $29.41 on 01/09/24, and the lowest price during the same period was recorded at $18.94 on 09/11/24.
How Financial Performance Impacts Market Capitalization
Franklin Resources, Inc (BEN) has experienced a quarterly rise of 2.94% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 10.63B and boasts a workforce of 10200 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 20.92, with a change in price of -1.65. Similarly, Franklin Resources, Inc recorded 4,425,448 in trading volume during the last 100 days, posting a change of -7.52%.
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 1.05. Similarly, the long-term debt-to-equity ratio is also 1.04.
BEN Stock Stochastic Average
As of today, the raw stochastic average of Franklin Resources, Inc over the past 50 days is 26.24%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 10.51%. Additionally, the Stochastic %K and %D values for the company were 12.41% and 19.45%, respectively, over the past 20 days.
BEN Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -31.89%.However, over the last six months, we can see a stronger performance of -8.73%. Over the last 30 days, the price of BEN has leaped by -10.85%. And in the last five days, it has fallen by -0.83%.
