Fair Oaks Income 2021 (LON:FAIR) Sets New 1-Year Low - Here's What Happened

Key Points

• Fair Oaks Income 2021 hit a new 52-week low of GBX 0.50 ($0.01) during trading, indicating significant downward pressure on the stock.
• The company's market capitalization is £221.80 million, with a price-to-earnings ratio of 7.62, suggesting low valuation in the current market.
• Fair Oaks Income Limited is a feeder fund that primarily invests in FOIF II LP and FOMC III LP, managed by Fair Oaks Capital Limited since its formation in March 2014.

Fair Oaks Income 2021 (LON:FAIR - ) hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 0.50 ($0.01) and last traded at GBX 0.53 ($0.01), with a volume of 423778 shares changing hands. The stock had previously closed at GBX 0.53 ($0.01).

Fair Oaks Income 2021 Price Performance

The stock has a market capitalization of £221.80 million and a price-to-earnings ratio of 7.62. The business's fifty day moving average price is GBX 0.53 and its 200-day moving average price is GBX 0.54.

About Fair Oaks Income 2021

Fair Oaks Income Limited is a feeder fund launched and managed by Fair Oaks Capital Limited. The fund invests its entire corpus in FOIF II LP and FOMC III LP. Fair Oaks Income Limited was formed on March 7, 2014 and is domiciled in the Channel Islands.

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