Analyst Target Price & Stock Review on Fifth Street Asset Management Inc. (NASDAQ:FSAM) and Boingo Wireless, Inc. (NASDAQ:WIFI)

Equity Research firms currently have a positive stance on shares of Fifth Street Asset Management Inc. (NASDAQ:FSAM). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.50. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $5.25 on a short term basis.

Performance
At the time of writing, the stock was trading at $1.32. This represents a change from most recent open price of 6.88%. In terms of performance, year to date, the stock is 0.00%. The monthly stock performance comes in at -67.65%. For the quarter, shares are performing at -67.00%. Weekly performance analysis shows the equity at -2.22%.

Technicals
In taking a look at technical levels, shares are trading -61.89% away from the 50 day simple moving average and -66.66% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -84.38% away from it’s 52- week high and 5.60% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Fifth Street Asset Management Inc.’s RSI stands at 12.20. In looking at volatility levels, the shares saw weekly volatility of 4.76% and 4.35% over the past month.

Sell-side analysts are offering a consensus “Buy” rating on shares of Boingo Wireless, Inc. (NASDAQ:WIFI).  Using the following ratings scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell and 5.0 Strong Sell, analysts have an average recommendation of 1.90.  Based on a recent trade, the shares are hovering around $22.32 which, according to analysts, yield significant upside potential to the $24.91 consensus target price.

Boingo Wireless, Inc. (NASDAQ:WIFI) shares typically trade an average volume of 434.45 and institutions hold 92.50% of the total shares.  

MOVING AVERAGES

We see here that the stock is -2.83% away from the 20-Day Simple Moving Average.  Their 50-Day Simple Moving Average is a difference of -3.98% from current levels.  Further back, their 200-Day Simple Moving Average is 18.32% difference from today’s price.  Currently, the stock is -14.12% from its 50-Day High and 6.64% from the 50-day low. 

Boingo Wireless, Inc. (NASDAQ:WIFI)‘s stock has performed at -0.80%.  Breaking that down further, it has performed -2.70% for the week, -0.84% for the month, 0.90% over the last quarter, 51.22% for the past half-year and 83.55% for this last year. 

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