Franklin Street Properties (NYSE:FSP) Rating Increased to Hold at StockNews.com

Franklin Street Properties (NYSE:FSP – Get Free Report) was upgraded by equities researchers at StockNews.com from a “sell” rating to a “hold” rating in a note issued to investors on Tuesday. Franklin Street Properties Stock Down 1.1 % Shares of NYSE:FSP opened at $1.72 on Tuesday. Franklin Street Properties has a 12-month low of $1.47 [...]

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Franklin Street Properties ( NYSE:FSP – Get Free Report ) was upgraded by equities researchers at StockNews.com from a “sell” rating to a “hold” rating in a note issued to investors on Tuesday. Franklin Street Properties Stock Down 1.

1 % Shares of NYSE:FSP opened at $1.72 on Tuesday. Franklin Street Properties has a 12-month low of $1.



47 and a 12-month high of $2.72. The company has a current ratio of 2.

79, a quick ratio of 2.79 and a debt-to-equity ratio of 0.44.

The stock’s 50-day moving average price is $1.67 and its 200-day moving average price is $1.84.

The stock has a market capitalization of $177.90 million, a P/E ratio of -3.07 and a beta of 0.

82. Franklin Street Properties ( NYSE:FSP – Get Free Report ) last announced its quarterly earnings results on Tuesday, July 30th. The company reported ($0.

20) EPS for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.12).

The company had revenue of $30.83 million during the quarter. Franklin Street Properties had a negative return on equity of 10.

06% and a negative net margin of 52.85%. On average, equities analysts anticipate that Franklin Street Properties will post 0.

13 earnings per share for the current year. Institutional Trading of Franklin Street Properties About Franklin Street Properties ( Get Free Report ) Franklin Street Properties Corp., based in Wakefield, Massachusetts, is focused on infill and central business district (CBD) office properties in the U.

S. Sunbelt and Mountain West, as well as select opportunistic markets. FSP seeks value-oriented investments with an eye towards long-term growth and appreciation, as well as current income.

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