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Fair Oaks Income (LON:FA17) Shares Up 4% - Still a Buy?

Fair Oaks Income logo with Financial Services background

Shares of Fair Oaks Income Limited (LON:FA17 - Get Free Report) shot up 4% during trading on Wednesday . The company traded as high as GBX 0.59 ($0.01) and last traded at GBX 0.59 ($0.01). 265 shares were traded during trading, a decline of 99% from the average session volume of 20,982 shares. The stock had previously closed at GBX 0.57 ($0.01).

Fair Oaks Income Stock Performance

The company has a market cap of £242.80 million and a price-to-earnings ratio of 8.38. The firm's fifty day moving average price is GBX 0.56 and its 200-day moving average price is GBX 0.56.

Fair Oaks Income Company Profile

(Get Free Report)

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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