On a relative basis, the stock has outperformed the S&P 500 by 0.49% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The 4-week change in the price of the stock is -1.55% and the stock has fallen -0.83% in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.87% and the 50-Day Moving Average is 0.36%.The 200 Day SMA reached 8.66% FS Investment Corporation is up 9.07% in the last 3-month period. Year-to-Date the stock performance stands at 11.5%.
FS Investment Corporation (FSIC) : Average target price received by FS Investment Corporation (FSIC) is $9.5 with an expected standard deviation of $0.5. The most aggressive target on the stock is $10, whereas the most downbeat target is $9. 3 financial analysts are currently covering the stock.
For the current week, the company shares have a recommendation consensus of Buy. FS Investment Corporation (NYSE:FSIC): stock was range-bound between the intraday low of $9.48 and the intraday high of $9.61 after having opened at $9.61 on Fridays session. The stock finally closed in the red at $9.61, a loss of -0.63%. The stock remained in the red for the whole trading day. The total traded volume was 962,337 shares. The stock failed to cross $9.61 in Fridays trading. The stocks closing price on Thursday was $9.54.
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.