Fairfax India (OTCMKTS:FFXDF) Stock Price Down 0.7% - Should You Sell?

Key Points

• Fairfax India's share price decreased by 0.7% to $18.08, after trading as low as $18.04 during the day.
• The company reported a quarterly earnings per share (EPS) of $2.06 on July 31st, reflecting its recent financial performance.
• With a market capitalization of $2.44 billion, Fairfax India operates primarily as an investment holding company focused on Indian public and private equity securities.

Fairfax India Holdings Corporation (OTCMKTS:FFXDF - Get Free Report)'s share price fell 0.7% during mid-day trading on Thursday . The stock traded as low as $18.04 and last traded at $18.08. 43,887 shares were traded during trading, an increase of 100% from the average session volume of 21,921 shares. The stock had previously closed at $18.20.

Fairfax India Price Performance

The stock has a market cap of $2.46 billion, a price-to-earnings ratio of 38.70 and a beta of 0.84. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.09 and a quick ratio of 0.09. The company's 50 day moving average is $18.91 and its 200 day moving average is $17.82.

Fairfax India (OTCMKTS:FFXDF - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported $2.06 earnings per share (EPS) for the quarter.

About Fairfax India

Fairfax India Holdings Corporation operates as an investment holding company in India. It invests in public and private equity securities and debt instruments in India and Indian businesses, or other businesses with customers, suppliers, or business primarily conducted and dependent in India. The company was incorporated in 2014 and is headquartered in Toronto, Canada.