Fair Oaks Income (LON:FA17) Shares Down 8.3% - Here's Why

Key Points

• Fair Oaks Income Limited shares fell by 8.3% during mid-day trading on Monday, closing at GBX 0.50 after a drop from GBX 0.55.
• The trading volume was significantly low, with only 470 shares changing hands, marking a decline of 98% from the average session volume of 19,675 shares.
• Despite the decline, the company has a market capitalization of £212.98 million and a P/E ratio of 7.35.

Fair Oaks Income Limited (LON:FA17 - Get Free Report)'s stock price fell 8.3% during trading on Monday . The company traded as low as GBX 0.50 ($0.01) and last traded at GBX 0.50 ($0.01). 470 shares were traded during mid-day trading, a decline of 98% from the average session volume of 19,675 shares. The stock had previously closed at GBX 0.55 ($0.01).

Fair Oaks Income Price Performance

The stock has a market cap of £212.98 million and a price-to-earnings ratio of 7.35. The business has a fifty day moving average of GBX 0.56 and a 200 day moving average of GBX 0.56.

About Fair Oaks Income

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.