Fifth Street Asset Management (OTCMKTS:FSAM) Share Price Passes Above Fifty Day Moving Average – Here’s What Happened

Shares of Fifth Street Asset Management Inc. (OTCMKTS:FSAMGet Free Report) 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.

Fifth Street Asset Management Trading Down 2.1%

The stock has a 50-day simple moving average of $0.01 and a 200 day simple moving average of $0.01.

About Fifth Street Asset Management

(Get Free Report)

Fifth Street Asset Management (OTCMKTS:FSAM) is a registered investment adviser specializing in private credit and specialty finance strategies. The firm focuses on structuring and managing credit-oriented solutions designed to meet the financing needs of middle-market companies. Headquartered in New York, Fifth Street Asset Management serves a broad range of institutional investors, including pension funds, endowments, foundations and insurers.

The company’s core activities include direct lending, mezzanine debt, sponsor-to-sponsor financing and special situations investments.

Further Reading

Receive News & Ratings for Fifth Street Asset Management Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fifth Street Asset Management and related companies with MarketBeat.com's FREE daily email newsletter.