Fair Oaks Income (LON:FA17) Shares Up 2.6% – Still a Buy?

Shares of Fair Oaks Income Limited (LON:FA17Get Free Report) shot up 2.6% on Friday . The stock traded as high as GBX 0.59 ($0.01) and last traded at GBX 0.59 ($0.01). 354,430 shares changed hands during trading, an increase of 1,701% from the average session volume of 19,675 shares. The stock had previously closed at GBX 0.58 ($0.01).

Fair Oaks Income Stock Up 2.6%

The firm has a 50-day moving average of GBX 0.55 and a two-hundred day moving average of GBX 0.56. The company has a market capitalization of £2.41 million and a PE ratio of 7.65.

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.

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