Fairfax India (OTCMKTS:FFXDF) Sets New 52-Week Low - Should You Sell?

Key Points

• Fairfax India hit a new 52-week low, trading as low as $15.46 and last at $16.9433 (previous close $17.37) on light volume of 688 shares, down about 0.6%.
• The stock appears relatively cheap with a P/E of 5.48 and a market cap of $2.24 billion, and shows below‑market volatility with a beta of 0.82.
• Although Fairfax reported $2.53 EPS for the quarter and has a low debt‑to‑equity ratio (0.15), it shows very weak short‑term liquidity with a current and quick ratio of 0.04, which may indicate funding risk.

Fairfax India Holdings Corporation (OTCMKTS:FFXDF - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Monday . The company traded as low as $15.46 and last traded at $16.9433, with a volume of 688 shares trading hands. The stock had previously closed at $17.37.

Fairfax India Stock Down 0.6%

The stock has a 50 day moving average price of $17.29 and a 200-day moving average price of $17.13. The stock has a market capitalization of $2.24 billion, a P/E ratio of 5.48 and a beta of 0.82. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.04 and a quick ratio of 0.04.

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

About Fairfax India

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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