Fifth Street Finance Corp. s trend and data analysis indicates that the stock price has dropped -16.92% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -21% . Looking at the past 52 week period, the stock price is down -8.2% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Fifth Street Finance Corp. has a positive value of 0.37 compared to overall market.Fifth Street Finance Corp. is having a Relative Strength Index of 46.91 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Stocks of Fifth Street Finance Corp. (NASDAQ:FSC) rallied by 3.38% during the past week but lost 0.65% on a 4-week basis. The company has outperformed the S&P 500 by 3.13% in the past week but underperformed the index by 1.78% in the last 4 weeks.
Company shares have received an average consensus rating of Hold for the current week Fifth Street Finance Corp. (NASDAQ:FSC) : On Friday heightened volatility was witnessed in Fifth Street Finance Corp. (NASDAQ:FSC) which led to swings in the share price. The stock opened for trading at $4.59 and hit $4.63 on the upside , eventually ending the session at $4.59, with a gain of 0.22% or 0.01 points. The heightened volatility saw the trading volume jump to 1,379,968 shares. The 52-week high of the share price is $6.32 and the company has a market cap of $647 million. The 52-week low of the share price is at $4.31 .
Company has reported several Insider transactions to the SEC, on Mar 15, 2017, Leonard M Tannenbaum (10% owner) purchased 532,968 shares at 4.51 per share price.On Mar 6, 2017, Bernard D Berman (director) purchased 15,000 shares at 4.37 per share price.On Feb 17, 2017, James Castro-blanco (director) purchased 20,000 shares at 4.62 per share price.
FIFTH STREET FINANCE CORP. is a specialty finance company that lends to and invests in small and mid-sized companies in connection with an investment by private equity sponsors. Fifth Street Finance Corp.s investment objective is to maximize its portfolios total return by generating current income from its debt investments and capital appreciation from its equity investments.