Fairfax Financial (OTCMKTS:FRFHF) Sets New 52-Week High – Should You Buy?

Fairfax Financial Holdings Limited (OTCMKTS:FRFHF)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $1,422.79 and last traded at $1,394.48, with a volume of 11104 shares. The stock had previously closed at $1,413.06.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada raised their target price on shares of Fairfax Financial from $1,425.00 to $1,500.00 and gave the stock an “outperform” rating in a research note on Monday, November 4th.

Fairfax Financial Price Performance

The firm has a 50-day moving average of $1,291.88 and a 200-day moving average of $1,196.64. The stock has a market cap of $32.56 billion, a PE ratio of 8.57 and a beta of 0.79. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.45 and a quick ratio of 2.45.

Fairfax Financial Company Profile

Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. The company operates through Property and Casualty Insurance and Reinsurance, Life insurance and Run-off, and Non-Insurance Companies segments.