Fifth Street Asset Management Inc. (OTCMKTS:FSAM – Get Free Report)’s share price crossed above its 50 day moving average during trading on Monday. The stock has a 50 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 trading hands.
Fifth Street Asset Management Stock Performance
The company’s 50-day moving average price is $0.01 and its 200 day moving average price is $0.01.
About Fifth Street Asset Management
Fifth Street Asset Management, Inc was an alternative asset management company focused on providing investment management and administrative services to investment vehicles serving the U.S. middle-market lending sector. Through affiliated investment advisers, the company managed portfolios of secured and unsecured loans and other debt investments issued by primarily private middle-market businesses.
The company’s investment platform historically included business development companies and other investment funds, including Fifth Street Finance Corp.
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