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Fairfax Financial (OTCMKTS:FRFHF) Share Price Passes Above Fifty Day Moving Average - Should You Sell?

Fairfax Financial logo with Finance background

Shares of Fairfax Financial Holdings Ltd. (OTCMKTS:FRFHF - Get Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $1,679.49 and traded as high as $1,794.43. Fairfax Financial shares last traded at $1,791.01, with a volume of 2,392 shares trading hands.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on FRFHF. National Bankshares restated an "outperform" rating on shares of Fairfax Financial in a research report on Wednesday, April 30th. Royal Bank Of Canada upgraded Fairfax Financial to a "moderate buy" rating in a research report on Wednesday, June 18th. BMO Capital Markets restated an "outperform" rating on shares of Fairfax Financial in a research report on Monday, May 5th. Finally, Raymond James Financial upgraded Fairfax Financial to a "moderate buy" rating in a research report on Thursday, April 10th.

View Our Latest Research Report on FRFHF

Fairfax Financial Stock Performance

The company has a debt-to-equity ratio of 0.44, a current ratio of 1.93 and a quick ratio of 1.93. The firm has a fifty day moving average price of $1,679.49 and a two-hundred day moving average price of $1,501.48. The stock has a market capitalization of $40.55 billion, a PE ratio of 10.36 and a beta of 0.77.

Fairfax Financial (OTCMKTS:FRFHF - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The financial services provider reported $42.70 earnings per share for the quarter, topping the consensus estimate of $31.92 by $10.78. Fairfax Financial had a return on equity of 14.90% and a net margin of 13.10%. The firm had revenue of $8.47 billion for the quarter, compared to the consensus estimate of $7.76 billion. Research analysts expect that Fairfax Financial Holdings Ltd. will post 166.85 EPS for the current year.

Fairfax Financial Company Profile

(Get Free Report)

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.

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