Fairfax Financial (OTCMKTS:FRFHF) Hits New 12-Month High – What’s Next?

Fairfax Financial Holdings Limited (OTCMKTS:FRFHF) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $1,387.97 and last traded at $1,378.00, with a volume of 1606 shares trading hands. The stock had previously closed at $1,367.23.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada lifted their price objective on shares of Fairfax Financial from $1,425.00 to $1,500.00 and gave the company an “outperform” rating in a research note on Monday, November 4th.

Fairfax Financial Price Performance

The firm has a market capitalization of $31.97 billion, a P/E ratio of 8.31 and a beta of 0.79. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.45 and a current ratio of 2.45. The company has a 50-day moving average price of $1,267.58 and a 200-day moving average price of $1,183.90.

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.