Fairfax India (OTCMKTS:FFXDF) Sets New 52-Week High – Still a Buy?

Shares of Fairfax India Holdings Co. (OTCMKTS:FFXDFGet Free Report) reached a new 52-week high on Monday . The company traded as high as $18.20 and last traded at $17.37, with a volume of 17976 shares changing hands. The stock had previously closed at $17.96.

Fairfax India Stock Performance

The business’s fifty day moving average price is $15.87 and its 200-day moving average price is $15.14. The stock has a market capitalization of $2.35 billion, a PE ratio of 18.09 and a beta of 1.14. 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 (OTCMKTS:FFXDFGet Free Report) last posted its quarterly earnings results on Thursday, October 31st. The company reported $0.25 earnings per share for the quarter.

About Fairfax India

(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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