Fairfax Financial (OTCMKTS:FRFHF) Hits New 1-Year High - Should You Buy?

Fairfax Financial Holdings Limited (OTCMKTS:FRFHF - Get Free Report)'s share price reached a new 52-week high during trading on Tuesday . The company traded as high as $1,731.90 and last traded at $1,700.00, with a volume of 10412 shares traded. The stock had previously closed at $1,675.00.

Wall Street Analyst Weigh In

Several research firms have weighed in on FRFHF. Raymond James upgraded Fairfax Financial to a "moderate buy" rating in a research note on Thursday, April 10th. National Bankshares reiterated an "outperform" rating on shares of Fairfax Financial in a research note on Wednesday, April 30th. Finally, BMO Capital Markets reiterated an "outperform" rating on shares of Fairfax Financial in a research note on Monday, May 5th.

Fairfax Financial Price Performance

The firm's 50 day moving average is $1,527.48 and its 200 day moving average is $1,443.06. The firm has a market cap of $37.59 billion, a P/E ratio of 10.29 and a beta of 0.76. The company has a debt-to-equity ratio of 0.43, a current ratio of 3.65 and a quick ratio of 2.45.

Fairfax Financial (OTCMKTS:FRFHF - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The financial services provider reported $42.70 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $31.92 by $10.78. The firm had revenue of $8.47 billion during the quarter, compared to analysts' expectations of $7.76 billion. Fairfax Financial had a net margin of 12.47% and a return on equity of 14.43%. As a group, analysts anticipate that Fairfax Financial Holdings Limited will post 166.85 earnings per share for the current year.

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.