Fairfax India Holdings Corp (TSE:FIH.U – Get Free Report)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as C$18.94 and last traded at C$18.86, with a volume of 67943 shares traded. The stock had previously closed at C$18.92.
Fairfax India Stock Performance
The company has a debt-to-equity ratio of 16.41, a quick ratio of 0.50 and a current ratio of 4.56. The firm’s 50-day moving average price is C$18.20 and its two-hundred day moving average price is C$17.73. The firm has a market capitalization of C$2.54 billion, a price-to-earnings ratio of 12.72, a price-to-earnings-growth ratio of 0.71 and a beta of 0.75.
Fairfax India (TSE:FIH.U – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported C$2.42 earnings per share (EPS) for the quarter. Fairfax India had a net margin of 56.53% and a return on equity of 7.81%. Sell-side analysts predict that Fairfax India Holdings Corp will post -0.28 earnings per share for the current year.
Fairfax India Company Profile
Fairfax India Holdings Corp is an investment holding company. Its investment objective is to achieve long-term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in India and Indian businesses or other businesses with customers, suppliers, or business conducted in or dependent on India. The company operates through investing in the India segment and it earns income through the source of interest and dividends.
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