Fairfax India (OTCMKTS:FFXDF – Get Free Report) issued its quarterly earnings data on Thursday. The company reported $1.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $1.34, Zacks reports.
Fairfax India Trading Up 0.1%
OTCMKTS:FFXDF opened at $18.19 on Friday. The firm’s fifty day moving average is $18.04 and its 200-day moving average is $17.70. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.04 and a current ratio of 0.04. Fairfax India has a 52 week low of $15.46 and a 52 week high of $20.49. The firm has a market cap of $2.45 billion, a P/E ratio of 9.83 and a beta of 0.85.
About Fairfax India
Fairfax India (OTCMKTS:FFXDF) is a Bermuda‐incorporated, Toronto‐based investment holding company that focuses on equity and debt opportunities within India’s rapidly evolving economy. Publicly traded on the OTC market under the symbol FFXDF, the firm seeks to deliver long‐term capital appreciation through a diversified portfolio of Indian financial services, consumer products, healthcare, and industrial enterprises.
The company’s primary activities include making direct equity investments in publicly listed Indian companies as well as participating in private placements and structured debt instruments.
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