Fairfax India (OTCMKTS:FFXDF) Reaches New 1-Year High – Here’s Why

Fairfax India Holdings Co. (OTCMKTS:FFXDFGet Free Report)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $16.31 and last traded at $16.21, with a volume of 35300 shares changing hands. The stock had previously closed at $15.60.

Fairfax India Trading Up 3.9 %

The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.83 and a current ratio of 0.83. The firm has a market cap of $2.19 billion, a price-to-earnings ratio of 16.25 and a beta of 1.17. The company’s 50-day moving average is $14.83 and its 200-day moving average is $14.48.

About Fairfax India

(Get Free Report)

Fairfax India Holdings Corporation operates as an investment holding company in India. It invests in public and private equity securities and debt instruments in India and Indian businesses, or other businesses with customers, suppliers, or business primarily conducted and dependent in India. The company was incorporated in 2014 and is headquartered in Toronto, Canada.

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