The stock price for Franklin Resources, Inc (BEN) currently stands at $24.86. The stock experienced a substantial increase in the last session, hitting $31.0 after starting at $24.86. The stock’s lowest price was $19.0 before closing at $25.19.
Franklin Resources, Inc experienced a somewhat steady performance in the stock market.
52-week price history of BEN Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Franklin Resources, Inc’s current trading price is -2.20% away from its 52-week high, while its distance from the 52-week low is 52.98%. The stock’s price range during this period has spanned from $16.25 to $25.42. In the Financial sector, the Franklin Resources, Inc’s shares surpassed a trading volume of approximately 5.66 million for the day, which was noticeably higher compared to the average daily volume of 9.4.67 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Franklin Resources, Inc (BEN) has experienced a quarterly rise of 21.51% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 12.91B and boasts a workforce of 10200 employees.
A Closer Look at Analysts’ Ratings for Franklin Resources, Inc
As of right now, 2 analysts are rating Franklin Resources, Inc as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 4 analysts are recommending to HOLD this stock, 2 of them gave the stock UNDERWEIGHT rating, and 2 analysts are rating the stock as SELL.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 21.61, with a change in price of +5.34. Similarly, Franklin Resources, Inc recorded 4,797,038 in trading volume during the last 100 days, posting a change of +27.36%.
Examining BEN’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for BEN stands at 1.09. Similarly, the long-term debt-to-equity ratio is also 1.08.
BEN Stock Stochastic Average
Today, Franklin Resources, Inc’s raw stochastic average for the past 50 days stands at 87.16%, indicating a rise from the raw stochastic average of the last 20 days, which was 78.29%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 88.09% and 85.67% respectively.
BEN Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price increase of 15.84%. However, over the past six months, we’ve seen a weaker performance of 20.39%. The price of BEN leaped by -0.16% over the last 30 days. And in the last five days, it has surged by 3.58%.
