Franklin Street Properties Corp. (NASDAQ:FSP) reached a new 52-week high during trading on Wednesday . The stock 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 upgraded Franklin Street Properties from a “buy” rating to a “strong-buy” rating in a report on Friday, September 27th.
The firm has a fifty day moving average price of $8.38 and a 200 day moving average price of $7.83.
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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