Fifth Street Finance (FSC) : During the past 4 weeks, traders have been relatively bearish on Fifth Street Finance (FSC), hence the stock is down -4.14% 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 -8.59% relative to the S&P 500. The 4-week change in the price of the stock is -6.08% and the stock has fallen -8.1% in the past 1 week.
The stock has recorded a 20-day Moving Average of 7.51% and the 50-Day Moving Average is 1.99%.The 200 Day SMA reached 8.31% Fifth Street Finance Corp. is up 19.28% in the last 3-month period. Year-to-Date the stock performance stands at -3.59%.
Fifth Street Finance (FSC) : The consensus price target for Fifth Street Finance (FSC) is $6.25 for the short term with a standard deviation of $0.35. The most optimist securities analyst among the 2 who monitor the stock believes that the stock can reach $7, however, the pessimist price target for the company is $6.
Company shares have received an average consensus rating of Hold for the current week Fifth Street Finance (NASDAQ:FSC): stock was range-bound between the intraday low of $5.53 and the intraday high of $5.63 after having opened at $5.56 on Fridays session. The stock finally closed in the red at $5.56, a loss of -0.89%. The stock remained in the red for the whole trading day. The total traded volume was 1,006,880 shares. The stock failed to cross $5.63 in Fridays trading. The stocks closing price on Thursday was $5.56.
Fifth Street Finance Corp. is a specialty finance company that lends to and invests in small and mid-sized companies, primarily in connection with investments by private equity sponsors. The Companys investment objective is to maximize the Companys portfolios total return by generating income from its debt investments and capital appreciation from its equity investments. As of September 30, 2014, the Company consists of 124 investments, 104 of which were in operating companies, one of which was in a senior loan fund vehicle and 19 of which were in private equity funds. The 19 investments in private equity funds represented less than 1% of the fair value of the Companys assets at September 30, 2014. The Company is externally managed and advised by Fifth Street Management LLC.