Fairfax Financial (OTCMKTS:FRFHF) Stock Crosses Below 200 Day Moving Average - Should You Sell?

Fairfax Financial Holdings Ltd. (OTCMKTS:FRFHF - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $1,725.04 and traded as low as $1,708.00. Fairfax Financial shares last traded at $1,712.2120, with a volume of 6,395 shares trading hands.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. BMO Capital Markets downgraded shares of Fairfax Financial from an "outperform" rating to a "hold" rating in a report on Wednesday, January 21st. Scotiabank reissued an "outperform" rating on shares of Fairfax Financial in a report on Friday, January 30th. Finally, Zacks Research lowered shares of Fairfax Financial from a "strong-buy" rating to a "hold" rating in a research report on Friday, January 30th. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Fairfax Financial has an average rating of "Moderate Buy".

Fairfax Financial Stock Down 0.2%

The company has a debt-to-equity ratio of 0.45, a current ratio of 3.78 and a quick ratio of 3.78. The firm's 50-day simple moving average is $1,717.84 and its two-hundred day simple moving average is $1,725.04. The company has a market capitalization of $36.82 billion, a price-to-earnings ratio of 8.00 and a beta of 0.58.

Fairfax Financial (OTCMKTS:FRFHF - Get Free Report) last issued its earnings results on Thursday, February 19th. The financial services provider reported $57.57 earnings per share for the quarter, topping the consensus estimate of $55.45 by $2.12. Fairfax Financial had a net margin of 15.10% and a return on equity of 16.29%. The company had revenue of $7.71 billion for the quarter, compared to analyst estimates of $7.62 billion. Sell-side analysts predict that Fairfax Financial Holdings Ltd. will post 184.07 EPS for the current fiscal year.

Fairfax Financial Company Profile

Fairfax Financial OTCMKTS: FRFHF is a Toronto-based financial holding company primarily engaged in property and casualty insurance, reinsurance and investment management. The company underwrites a broad range of commercial and personal insurance products, operates specialty and run-off reinsurance businesses, and manages a diversified investment portfolio largely funded by insurance float. Fairfax conducts its insurance operations through a network of subsidiaries and affiliated companies that provide local underwriting and claims services across multiple markets.

On the insurance side, Fairfax writes a mix of short-tail and long-tail coverages across specialty lines, commercial casualty, property and other niche markets, while its reinsurance activities include treaty and facultative solutions for cedants and intermediaries.

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