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Fair Oaks Income (LON:FA17) Trading Down 8.3% - What's Next?

Fair Oaks Income logo with Financial Services background

Key Points

  • Fair Oaks Income Limited shares fell by 8.3%, trading at GBX 0.50 ($0.01) on Thursday, with a significant drop in trading volume.
  • The company has a market capitalization of £212.98 million and a price-to-earnings ratio of 7.35.
  • Fair Oaks Income operates as a feeder fund managed by Fair Oaks Capital Limited, primarily investing in FOIF II LP and FOMC III LP.
  • MarketBeat previews the top five stocks to own by October 1st.

Fair Oaks Income Limited (LON:FA17 - Get Free Report) shares were down 8.3% on Thursday . The stock traded as low as GBX 0.50 ($0.01) and last traded at GBX 0.50 ($0.01). Approximately 7,283 shares traded hands during trading, a decline of 63% from the average daily volume of 19,675 shares. The stock had previously closed at GBX 0.55 ($0.01).

Fair Oaks Income Price Performance

The company's fifty day simple moving average is GBX 0.54 and its two-hundred day simple moving average is GBX 0.56. The stock has a market cap of £2.37 million and a price-to-earnings ratio of 7.52.

About Fair Oaks Income

(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.

See Also

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