Fair Oaks Income (LON:FA17) Stock Price Up 4.2% – Here’s What Happened

Fair Oaks Income Limited (LON:FA17)’s share price shot up 4.2% during mid-day trading on Thursday . The stock traded as high as GBX 0.50 and last traded at GBX 0.50. 200 shares traded hands during trading, a decline of 98% from the average session volume of 13,174 shares. The stock had previously closed at GBX 0.48.

Fair Oaks Income Stock Performance

The firm has a market cap of £2.05 million and a P/E ratio of 0.10. The company’s 50 day moving average is GBX 0.45 and its 200 day moving average is GBX 0.50.

Fair Oaks Income Company Profile

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.