Fair Oaks Income (LON:FA17) Trading Down 3.3% – Time to Sell?

Fair Oaks Income Limited (LON:FA17)’s stock price dropped 3.3% during mid-day trading on Monday . The stock traded as low as GBX 0.46 and last traded at GBX 0.46. Approximately 1,500 shares were traded during mid-day trading, a decline of 92% from the average daily volume of 18,017 shares. The stock had previously closed at GBX 0.48.

Fair Oaks Income Price Performance

The business’s 50 day simple moving average is GBX 0.48 and its 200 day simple moving average is GBX 0.48. The stock has a market cap of £1.89 million and a P/E ratio of 0.09.

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.