Franklin Street Properties (NASDAQ:FSP) Hits New 1-Year High at $8.86
Shares of Franklin Street Properties Corp. (NASDAQ:FSP) reached a new 52-week high during trading on Wednesday . The company traded as high as $8.86 and last traded at $8.74, with a volume of 188757 shares. The stock had previously closed at $8.81.
Separately, BidaskClub raised shares of Franklin Street Properties from a “buy” rating to a “strong-buy” rating in a report on Friday, September 27th.
The business’s fifty day moving average price is $8.34 and its 200 day moving average price is $7.82.
Franklin Street Properties Corp., based in Wakefield, Massachusetts, is focused on investing in institutional-quality office properties in the U.S. FSP's strategy is to invest in select urban infill and central business district (CBD) properties, with primary emphasis on our five core markets of Atlanta, Dallas, Denver, Houston, and Minneapolis.
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