Fair Oaks Income 2021 (LON:FAIR) Stock Price Up 2.9% - Still a Buy?

Key Points

• Fair Oaks Income 2021 (LON:FAIR) experienced a 2.9% increase in share price, reaching GBX 0.54 ($0.01), after trading at GBX 0.52 ($0.01) prior to this rise.
• The stock saw a remarkable decline in trading volume, with only approximately 37,044 shares traded, down 93% from its average daily volume of 561,378 shares.
• The company has a market capitalization of £223.90 million and a P/E ratio of 7.69, highlighting its financial metrics in the market.

Fair Oaks Income 2021 (LON:FAIR - )'s share price rose 2.9% during mid-day trading on Tuesday . The company traded as high as GBX 0.54 ($0.01) and last traded at GBX 0.54 ($0.01). Approximately 37,044 shares traded hands during mid-day trading, a decline of 93% from the average daily volume of 561,378 shares. The stock had previously closed at GBX 0.52 ($0.01).

Fair Oaks Income 2021 Stock Up 2.9%

The stock has a fifty day moving average of GBX 0.53 and a 200-day moving average of GBX 0.54. The firm has a market capitalization of £223.90 million and a P/E ratio of 7.69.

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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