Fifth Street Asset Management Inc. (OTCMKTS:FSAM – Get Free Report)’s share price crossed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $0.01 and traded as high as $0.0144. Fifth Street Asset Management shares last traded at $0.0141, with a volume of 38,100 shares traded.
Fifth Street Asset Management Trading Down 2.1%
The business has a fifty day simple moving average of $0.01 and a 200 day simple moving average of $0.01.
Fifth Street Asset Management Company Profile
Fifth Street Asset Management Inc was an asset management company focused on providing investment management and other services for credit-focused investment vehicles. Its activities centered on middle-market lending and private credit, with an emphasis on financing privately owned companies in the United States.
The company historically managed or advised investment vehicles, including Fifth Street Finance Corp. and Fifth Street Senior Loan Fund. These vehicles generally invested in secured loans, subordinated debt and, to a lesser extent, equity securities of middle-market businesses.
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