Fairfax India Holdings Corporation (OTCMKTS:FFXDF – Get Free Report) shares saw strong trading volume on Wednesday. 27,658 shares changed hands during trading, a decline of 14% from the previous session’s volume of 32,226 shares. The stock last traded at $17.09 and had previously closed at $17.00.
Fairfax India Stock Performance
The stock has a market cap of $2.31 billion, a price-to-earnings ratio of 11.48 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 company’s 50 day simple moving average is $18.23 and its 200 day simple moving average is $17.93.
Fairfax India (OTCMKTS:FFXDF – Get Free Report) last announced its earnings results on Thursday, July 30th. The company reported $1.70 EPS for the quarter, topping the consensus estimate of $0.36 by $1.34. The firm had revenue of ($111.49) million for the quarter, compared to the consensus estimate of $3.72 million.
Fairfax India Company Profile
Fairfax India Holdings Corporation is an investment holding company focused on acquiring and managing investments in India and businesses connected to the Indian economy. The company seeks long-term capital appreciation through investments in both public and private companies, with an emphasis on businesses that it believes have experienced management teams and attractive growth prospects.
Fairfax India’s investments have included interests in sectors such as infrastructure, financial services, chemicals, shipping, and airport operations.
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