Fairfax India (OTCMKTS:FFXDF) Hits New 1-Year High – Here’s What Happened

Fairfax India Holdings Co. (OTCMKTS:FFXDFGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $19.99 and last traded at $19.81, with a volume of 40418 shares. The stock had previously closed at $19.19.

Fairfax India Price Performance

The business’s 50 day simple moving average is $16.42 and its 200-day simple moving average is $15.40. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.58 and a current ratio of 0.58. The stock has a market capitalization of $2.68 billion, a price-to-earnings ratio of 20.64 and a beta of 1.14.

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.

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