Fairfax India (OTCMKTS:FFXDF – Get Free Report) posted its earnings results on Tuesday. The company reported $0.28 earnings per share for the quarter, Zacks reports.
Fairfax India Price Performance
Fairfax India stock traded down $0.21 during midday trading on Tuesday, hitting $17.92. 24,608 shares of the company’s stock were exchanged, compared to its average volume of 32,829. The company has a market cap of $2.42 billion, a P/E ratio of 12.03 and a beta of 0.83. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.14 and a current ratio of 0.14. The stock has a 50-day moving average price of $17.95 and a two-hundred day moving average price of $17.86. Fairfax India has a 52-week low of $15.46 and a 52-week high of $20.49.
About Fairfax India
Fairfax India Holdings Corporation is an investment holding company focused on acquiring and managing long-term investments in India and India-related businesses. The company seeks opportunities across a range of sectors, including financial services, infrastructure, industrial operations, consumer products and other businesses that may benefit from India’s economic development.
Fairfax India has invested in both publicly traded and private companies, with its portfolio historically including interests in businesses such as Bangalore International Airport Limited and other Indian financial, industrial and infrastructure enterprises.
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