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Fairfax India (TSE:FIH.U) Hits New 12-Month High - Here's What Happened

Fairfax India logo with Finance background

Fairfax India Holdings Corp (TSE:FIH.U - Get Free Report) reached a new 52-week high on Thursday . The company traded as high as C$20.03 and last traded at C$19.95, with a volume of 209904 shares trading hands. The stock had previously closed at C$19.62.

Fairfax India Trading Up 0.6%

The business's 50 day simple moving average is C$18.25 and its two-hundred day simple moving average is C$17.51. The stock has a market cap of C$2.13 billion, a P/E ratio of 12.05, a PEG ratio of 0.71 and a beta of 1.49. The company has a quick ratio of 0.50, a current ratio of 4.56 and a debt-to-equity ratio of 16.41.

Fairfax India Company Profile

(Get Free Report)

Fairfax India Holdings Corp is an investment holding company. Its investment objective is to achieve long-term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in India and Indian businesses or other businesses with customers, suppliers, or business conducted in or dependent on India.

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