Fairfax India Holdings Corporation (OTCMKTS:FFXDF – Get Free Report) shares saw unusually-strong trading volume on Tuesday. Approximately 52,838 shares were traded during mid-day trading, an increase of 58% from the previous session’s volume of 33,354 shares. The stock last traded at $17.49 and had previously closed at $17.50.
Fairfax India Stock Performance
The company has a current ratio of 0.14, a quick ratio of 0.14 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $2.41 billion, a price-to-earnings ratio of 11.98 and a beta of 0.83. The company has a 50-day moving average of $18.13 and a 200-day moving average of $17.96.
Fairfax India (OTCMKTS:FFXDF – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The company reported $1.70 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $1.34. The business had revenue of ($111.49) million during the quarter, compared to analyst estimates 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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