Fairfax Financial (OTCMKTS:FRFHF) Stock Price Crosses Above Fifty Day Moving Average - Here's What Happened

Fairfax Financial Holdings Limited (OTCMKTS:FRFHF - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $1,505.73 and traded as high as $1,676.00. Fairfax Financial shares last traded at $1,675.00, with a volume of 3,659 shares.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on FRFHF. National Bankshares restated an "outperform" rating on shares of Fairfax Financial in a research note on Wednesday, April 30th. BMO Capital Markets reissued an "outperform" rating on shares of Fairfax Financial in a research report on Monday, May 5th. Finally, Raymond James raised shares of Fairfax Financial to a "moderate buy" rating in a report on Thursday, April 10th.

Fairfax Financial Stock Down 0.8%

The stock has a fifty day moving average price of $1,527.48 and a two-hundred day moving average price of $1,443.06. The company has a market cap of $37.59 billion, a price-to-earnings ratio of 10.29 and a beta of 0.76. The company has a quick ratio of 2.45, a current ratio of 3.65 and a debt-to-equity ratio of 0.43.

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