Fairfax India Holdings Corp (TSE:FIH.U – Get Free Report) shares crossed below its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of C$17.93 and traded as low as C$17.83. Fairfax India shares last traded at C$17.86, with a volume of 27,692 shares traded.
Fairfax India Stock Down 1.5%
The company has a quick ratio of 0.50, a current ratio of 4.56 and a debt-to-equity ratio of 16.41. The business has a 50-day simple moving average of C$17.93 and a 200-day simple moving average of C$17.85. The stock has a market cap of C$2.40 billion, a P/E ratio of 11.99, a PEG ratio of 0.71 and a beta of 0.75.
Fairfax India (TSE:FIH.U – Get Free Report) last released its quarterly earnings results on Tuesday, November 3rd. The company reported C$0.40 EPS for the quarter. Fairfax India had a net margin of 56.53% and a return on equity of 7.81%. The company had revenue of C$79.69 million for the quarter. Analysts expect that Fairfax India Holdings Corp will post -0.28 EPS for the current year.
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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