Fifth Street Asset Management Inc. (NASDAQ:FSAM) was down 3.4% during trading on Friday . The company traded as low as $3.57 and last traded at $3.74, with a volume of 52,691 shares traded. The stock had previously closed at $3.87.

A number of equities research analysts have commented on FSAM shares. Deutsche Bank AG reissued a “buy” rating on shares of Fifth Street Asset Management in a report on Wednesday, May 18th. Zacks Investment Research raised shares of Fifth Street Asset Management from a “sell” rating to a “hold” rating in a report on Tuesday, July 19th.

The stock’s 50-day moving average price is $4.06 and its 200-day moving average price is $3.47. The firm’s market cap is $21.85 million.

Fifth Street Asset Management (NASDAQ:FSAM) last posted its earnings results on Monday, May 16th. The company reported $0.12 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.14 by $0.02. The firm earned $19 million during the quarter. Analysts anticipate that Fifth Street Asset Management Inc. will post $0.49 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, July 15th. Stockholders of record on Thursday, June 30th were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 10.70%. The ex-dividend date was Tuesday, June 28th.

Fifth Street Asset Management Inc is an alternative asset manager. The Company provides asset management services to its investment funds (the Fifth Street Funds or the funds), which consist of Fifth Street Finance Corp. (FSC) and Fifth Street Senior Floating Rate Corp. (FSFR), both publicly-traded business development companies (together, the BDCs).

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