Fairfax India (OTCMKTS:FFXDF) Hits New 1-Year High – Time to Buy?

Fairfax India Holdings Co. (OTCMKTS:FFXDFGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $17.88 and last traded at $17.52, with a volume of 88902 shares trading hands. The stock had previously closed at $16.42.

Fairfax India Trading Up 2.6 %

The firm has a 50-day moving average of $15.79 and a two-hundred day moving average of $15.08. The firm has a market capitalization of $2.43 billion, a P/E ratio of 18.75 and a beta of 1.14. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.16.

Fairfax India (OTCMKTS:FFXDFGet Free Report) last posted its earnings results on Thursday, October 31st. The company reported $0.25 earnings per share for the quarter.

Fairfax India Company Profile

(Get Free Report)

Fairfax India Holdings Corporation operates as an investment holding company in India. It invests in public and private equity securities and debt instruments in India and Indian businesses, or other businesses with customers, suppliers, or business primarily conducted and dependent in India. The company was incorporated in 2014 and is headquartered in Toronto, Canada.

Further Reading

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