Fairfax Financial (TSE:FFH) Trading Up 0.1% – Here’s What Happened

Fairfax Financial Holdings Limited (TSE:FFH)’s stock price was up 0.1% during mid-day trading on Friday . The company traded as high as C$2,051.71 and last traded at C$2,041.57. Approximately 7,009 shares were traded during trading, a decline of 90% from the average daily volume of 72,199 shares. The stock had previously closed at C$2,039.99.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on FFH shares. Scotiabank increased their target price on Fairfax Financial from C$2,100.00 to C$2,200.00 in a research report on Monday, November 4th. Cormark increased their target price on Fairfax Financial from C$2,125.00 to C$2,250.00 in a research report on Tuesday, February 18th. BMO Capital Markets increased their target price on Fairfax Financial from C$1,850.00 to C$2,200.00 in a research report on Monday, November 4th. Finally, CIBC increased their target price on Fairfax Financial from C$2,200.00 to C$2,400.00 and gave the company an “outperform” rating in a research report on Thursday, January 30th.

Fairfax Financial Trading Up 2.0 %

The business has a fifty day simple moving average of C$2,003.29 and a two-hundred day simple moving average of C$1,841.27. The company has a market cap of C$33.36 billion, a PE ratio of 7.96, a price-to-earnings-growth ratio of 0.27 and a beta of 0.83.

Insider Buying and Selling at Fairfax Financial

In related news, Director Brian Johnston Porter purchased 100 shares of Fairfax Financial stock in a transaction dated Tuesday, February 18th. The shares were acquired at an average price of C$2,104.88 per share, for a total transaction of C$210,488.00. Also, Director R. William Mcfarland sold 4,800 shares of Fairfax Financial stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of C$25.21, for a total value of C$121,008.00. In the last 90 days, insiders have bought 111 shares of company stock worth $232,454. Corporate insiders own 3.76% of the company’s stock.

About Fairfax Financial

Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. The company operates through Property and Casualty Insurance and Reinsurance, Life insurance and Run-off, and Non-Insurance Companies segments.