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Fairfax India (OTCMKTS:FFXDF) Sees Large Volume Increase - What's Next?

Fairfax India logo with Finance background
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Key Points

  • Trading volume jumped 209% to 107,856 shares on Wednesday, and the stock last traded at $17.48, down about 2.2% from the prior close of $17.8750.
  • Fairfax India has a market cap of $2.36 billion and a low P/E of 5.75; it reported quarterly EPS of $2.53 but shows very low liquidity with a quick and current ratio of 0.04.
  • The company is a Bermuda‑incorporated, Toronto‑based investment holding firm that focuses on equity and debt opportunities across India’s financial services, consumer, healthcare, and industrial sectors.
  • MarketBeat previews top five stocks to own in May.

Shares of Fairfax India Holdings Corporation (OTCMKTS:FFXDF - Get Free Report) saw strong trading volume on Wednesday . 107,856 shares were traded during trading, an increase of 209% from the previous session's volume of 34,896 shares.The stock last traded at $17.48 and had previously closed at $17.8750.

Fairfax India Trading Down 2.2%

The company has a market cap of $2.36 billion, a P/E ratio of 5.75 and a beta of 0.80. The firm's 50 day moving average is $17.74 and its two-hundred day moving average is $17.29. The company has a quick ratio of 0.04, a current ratio of 0.04 and a debt-to-equity ratio of 0.15.

Fairfax India (OTCMKTS:FFXDF - Get Free Report) last announced its earnings results on Thursday, February 19th. The company reported $2.53 EPS for the quarter.

About Fairfax India

(Get Free Report)

Fairfax India OTCMKTS: FFXDF is a Bermuda‐incorporated, Toronto‐based investment holding company that focuses on equity and debt opportunities within India’s rapidly evolving economy. Publicly traded on the OTC market under the symbol FFXDF, the firm seeks to deliver long‐term capital appreciation through a diversified portfolio of Indian financial services, consumer products, healthcare, and industrial enterprises.

The company’s primary activities include making direct equity investments in publicly listed Indian companies as well as participating in private placements and structured debt instruments.

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