Fairfax India Holdings Co. (OTCMKTS:FFXDF – Get Free Report) shares shot up 2.3% during mid-day trading on Tuesday . The stock traded as high as $16.00 and last traded at $16.00. 29,458 shares changed hands during mid-day trading, an increase of 4% from the average session volume of 28,409 shares. The stock had previously closed at $15.65.
Fairfax India Price Performance
The firm’s 50 day simple moving average is $15.60 and its two-hundred day simple moving average is $14.90. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.83 and a quick ratio of 0.83. The firm has a market capitalization of $2.16 billion, a P/E ratio of 16.67 and a beta of 1.16.
About Fairfax India
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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