Fairfax India Holdings Corp (TSE:FIH.U – Get Free Report) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$17.84 and traded as low as C$17.00. Fairfax India shares last traded at C$17.45, with a volume of 22,088 shares.
Fairfax India Stock Up 1.5 %
The company has a debt-to-equity ratio of 16.41, a quick ratio of 0.50 and a current ratio of 4.56. The firm has a market capitalization of C$1.83 billion, a PE ratio of 10.39, a PEG ratio of 0.71 and a beta of 1.49. The company’s 50 day simple moving average is C$17.84 and its 200-day simple moving average is C$16.18.
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.
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