Fair Oaks Income (LON:FAIR) Sets New 1-Year Low at $0.66

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Fair Oaks Income Ltd (LON:FAIR) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 0.66 ($0.01) and last traded at GBX 0.68 ($0.01), with a volume of 178734 shares changing hands. The stock had previously closed at GBX 0.68 ($0.01).

The stock’s fifty day moving average is GBX 0.71 and its 200-day moving average is GBX 1.18.

The company also recently disclosed a dividend, which will be paid on Friday, December 27th. Investors of record on Thursday, December 12th will be issued a $0.01 dividend. This represents a dividend yield of 1.06%. The ex-dividend date is Thursday, December 12th.

In other news, insider Nigel Ward acquired 15,525 shares of the company’s stock in a transaction that occurred on Tuesday, September 17th. The stock was purchased at an average price of GBX 59 ($0.78) per share, with a total value of £9,159.75 ($12,049.13).

About Fair Oaks Income (LON:FAIR)

Fair Oaks Income Fund Limited is a feeder fund launched and managed by Fair Oaks Capital LP. The fund invests its entire corpus in Fair Oaks Income Fund LP. Fair Oaks Income Fund Limited was founded in 2014 and is domiciled in Channel Islands.

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