Franklin Street Properties Corp. (FSP) Soars 1.19% on June 30

Equities Staff  |

Franklin Street Properties Corp. (FSP) had a good day on the market for Tuesday June 30 as shares jumped 1.19% to close at $5.09. About 592,134 shares traded hands on 3,849 trades for the day, compared with an average daily volume of n/a shares out of a total float of 107.27 million. After opening the trading day at $5.04, shares of Franklin Street Properties Corp. stayed within a range of $5.12 to $4.97.

With today's gains, Franklin Street Properties Corp. now has a market cap of $546 million. Shares of Franklin Street Properties Corp. have been trading within a range of $8.98 and $3.79 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Franklin Street Properties Corp is a real estate investment trust. It is focused on commercial real estate investments primarily in office markets. The company's operations include rental income from real estate leasing, interest income from secured loans made on office properties, property dispositions and fee income from asset/property management and development. Franklin Street markets Atlanta, Dallas, Denver, Houston, and Minneapolis. It owns a portfolio of real estate consisting of approximately 32 properties.

Franklin Street Properties Corp. is based out of Wakefield, MA and has some 37 employees. Its CEO is George J. Carter.

For a complete fundamental analysis of Franklin Street Properties Corp., check out Equities.com’s Stock Valuation Analysis report for FSP.

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Franklin Street Properties Corp. is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Franklin Street Properties Corp. and to follow the company’s latest updates, you can visit the company’s profile page here: FSP’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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