Fairfax India Holdings Corp (TSE:FIH.U – Get Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$17.34 and traded as high as C$17.50. Fairfax India shares last traded at C$17.00, with a volume of 27,861 shares.
Fairfax India Stock Performance
The stock has a market capitalization of C$2.28 billion, a PE ratio of 9.14, a PEG ratio of 0.71 and a beta of 0.67. The business has a 50 day moving average price of C$17.34 and a 200 day moving average price of C$17.22. The company has a debt-to-equity ratio of 16.41, a current ratio of 4.56 and a quick ratio of 0.50.
About Fairfax India
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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