Fairfax India Holdings Corp (TSE:FIH.U – Get Free Report) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$16.73 and traded as high as C$19.55. Fairfax India shares last traded at C$19.08, with a volume of 103,860 shares changing hands.
Fairfax India Stock Down 1.9 %
The company has a quick ratio of 0.50, a current ratio of 4.56 and a debt-to-equity ratio of 16.41. The firm has a market cap of C$2.01 billion, a P/E ratio of 11.36, a PEG ratio of 0.71 and a beta of 1.49. The stock’s 50-day simple moving average is C$16.73 and its 200 day simple moving average is C$15.53.
Insider Buying and Selling at Fairfax India
In related news, Director Brian Johnston Porter acquired 5,000 shares of the business’s stock in a transaction dated Wednesday, December 18th. The shares were bought at an average price of C$22.42 per share, with a total value of C$112,104.00. Insiders own 27.52% of the company’s stock.
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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