Fifth Street Asset Management Inc. (OTCMKTS:FSAM – Get Free Report)’s share price passed above its fifty day moving average during trading on Wednesday . 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 stock’s fifty day simple moving average is $0.01 and its two-hundred day simple moving average is $0.01.
About Fifth Street Asset Management
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.
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