• Return to Headlines

After Yesterday's Decline of 2.60%, Franklin Res Inc Offers Investors Better Value

By James Quinn

Franklin Res Inc (NYSE:BEN) traded in a range yesterday that spanned from a low of $42.27 to a high of $43.18. Yesterday, the shares fell 2.6%, which took the trading range below the 3-day low of $42.33 on volume of 972,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

In the past 52 weeks, shares of Franklin Res Inc have traded between a low of $30.56 and a high of $47.65 and are now at $42.38, which is 39% above that low price. The 200-day and 50-day moving averages have moved 0.65% lower and 0.40% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Franklin Res Inc and will alert subscribers who have BEN in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders franklin res inc

Ticker(s): BEN