Franklin Resources Inc. (BEN) experienced unusually high volume on Dec. 21, as the stock lost 1.27% to a closing price of $35.00. The stock saw 10.23 million shares trade hands over the course of the day on 44,069 trades. Given that the stock’s average daily volume over the last month has been 3.62 million shares a day, this represents a pretty substantial spike over the norm.
Franklin Resources Inc. has a P/B ratio of 1.78. It also has a P/E ratio of 10.6. The stock has traded between $57.64 and $34.62 over the last 52-weeks, its 50-day SMA is now $39.58, and its 200-day SMA $45.31.
Franklin Resources Inc is an investment management company. The Company's services include fund administration, sales, distribution, marketing, shareholder servicing, trustee, custody and other fiduciary services.
Headquartered in San Mateo, CA, Franklin Resources Inc. has 9,500 employees and is currently under the leadership of CEO Gregory E. Johnson.
For a complete fundamental analysis analysis of Franklin Resources Inc., check out Equities.com’s Stock Valuation Analysis report for BEN. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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