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Fairfax India (OTCMKTS:FFXDF) Trading 0.1% Higher - Here's What Happened

Fairfax India logo with Finance background

Fairfax India Holdings Corporation (OTCMKTS:FFXDF - Get Free Report)'s stock price shot up 0.1% during trading on Thursday . The stock traded as high as $18.05 and last traded at $17.98. 23,198 shares changed hands during trading, a decline of 19% from the average session volume of 28,815 shares. The stock had previously closed at $17.96.

Fairfax India Price Performance

The stock has a 50 day moving average price of $17.16 and a 200-day moving average price of $17.01. 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 stock has a market capitalization of $2.43 billion, a price-to-earnings ratio of 62.00 and a beta of 0.81.

Fairfax India (OTCMKTS:FFXDF - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The company reported ($1.57) earnings per share for the quarter.

Fairfax India Company Profile

(Get Free Report)

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.

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