Medley Management Inc. Class A (MDLY) Plunges 7.71% on April 02

Medley Management Inc. Class A (MDLY) had a rough trading day for Tuesday April 02 as shares tumbled 7.71%, or a loss of $-0.27 per share, to close at $3.23. After opening the day at $3.20, shares of Medley Management Inc. Class A traded as high as $3.26 and as low as $3.02. Volume was 239,926 shares over 710 trades, against an average daily volume of n/a shares and a total float of 5.82 million.

As a result of the decline, Medley Management Inc. Class A now has a market cap of $18.79 million. In the last year, shares of Medley Management Inc. Class A have traded between a range of $6.00 and $2.88, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

Medley Management Inc is an asset management company providing its services mainly to retail and institutional investors. It provides credit-focused investment strategies through various funds and products that meet the needs of a wide range of retail and institutional investors. The company manages two permanent capital vehicles, both of which are business development companies, as well as long-dated private funds and separately managed accounts. The company focuses on credit-related investment strategies originating senior secured loans to private middle market companies in the United States. The company recognizes most of its revenues through management fees.

Medley Management Inc. Class A is based out of New York, NY and has some 85 employees. Its CEO is Seth Taube / Brook Taube.