Fifth Street Finance Corp. s in-depth stock price analysis indicates that the stock price has dropped -20% 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 -26.57% . Looking at the past 52 week period, the stock price is down -2.77% . 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 6.97 compared to overall market. Fifth Street Finance Corp. (NASDAQ:FSC) has tumbled 16.48% during the past week and has dropped 17.99% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 17.16%. Fifth Street Finance Corp. (NASDAQ:FSC) has underperformed the index by 19.45% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Fifth Street Finance Corp. (NASDAQ:FSC) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.07 points or 1.51% at $4.56 with 4,408,264 shares getting traded. Post opening the session at $4.64, the shares hit an intraday low of $4.49 and an intraday high of $4.68 and the price was in this range throughout the day. The company has a market cap of $643 million and the number of outstanding shares has been calculated to be 140,960,650 shares. The 52-week high of Fifth Street Finance Corp. (NASDAQ:FSC) is $6.32 and the 52-week low is $4.4.
Company has reported several Insider transactions to the SEC, on Dec 28, 2016, Leonard M Tannenbaum (10% owner) sold 900 shares at 5.55 per share price.On Dec 7, 2016, Richard P Dutkiewicz (director) purchased 5,000 shares at 5.53 per share price.On Sep 23, 2016, James Castro-blanco (director) purchased 8,250 shares at 6.16 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.