Fairfax India (OTCMKTS:FFXDF) Hits New 12-Month High – Here’s Why

Fairfax India Holdings Co. (OTCMKTS:FFXDFGet Free Report)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $18.96 and last traded at $18.91, with a volume of 74519 shares trading hands. The stock had previously closed at $18.06.

Fairfax India Stock Up 4.7 %

The firm has a market cap of $2.56 billion, a P/E ratio of 19.70 and a beta of 1.14. The company’s 50-day simple moving average is $16.18 and its 200 day simple moving average is $15.30. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.58 and a quick ratio of 0.58.

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.

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