FS Investment Corporation (FSIC) : During the past 4 weeks, traders have been relatively bearish on FS Investment Corporation (FSIC), hence the stock is down -4.21% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.48% relative to the S&P 500. The 4-week change in the price of the stock is -4.73% and the stock has fallen -0.32% in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.18% and the 50-Day Moving Average is 1.08%.The 200 Day SMA reached 10.04%
FS Investment Corporation (NYSE:FSIC): The stock opened in the green at $9.5 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $9.56 and a low of $9.465 for the day. The stock did not find buyers even at the lows and closed at $9.47 recording a loss of -0.42%. 830,494 shares exchanged hands during the trading day. The stock had closed at $9.47 in the previous days trading.
FS Investment Corporation (FSIC) : The consensus price target for FS Investment Corporation (FSIC) is $9.5 for the short term with a standard deviation of $0.5. The most optimist securities analyst among the 3 who monitor the stock believes that the stock can reach $10, however, the pessimist price target for the company is $9.
FS Investment Corporation is a non-diversified, closed-end management investment company. The Companys investment objectives are to generate current income and a long-term capital appreciation. Its portfolio consists of investments in senior secured loans and second lien secured loans of private middle market United States companies and subordinated loans of private United States companies. The Company focuses on purchasing interests in loans or making other debt investments, including investments in senior secured bonds, through secondary market transactions in the over-the-counter market or directly from companies it is focused on, as primary market or directly originated investments. It also focuses on purchasing interests in the form of common or preferred equity or the equity-related securities. Its investment activities are managed by FB Income Advisor, LLC. FB Advisor has engaged GSO/Blackstone Debt Funds Management LLC (GDFM), to act as its investment sub-adviser.