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Fairfax India (TSE:FIH.U) Shares Cross Above 50-Day Moving Average - Here's Why

Fairfax India logo with Finance background

Shares of Fairfax India Holdings Corp (TSE:FIH.U - Get Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$16.85 and traded as high as C$17.25. Fairfax India shares last traded at C$17.05, with a volume of 14,740 shares traded.

Fairfax India Trading Down 0.4 %

The company has a debt-to-equity ratio of 16.41, a current ratio of 4.56 and a quick ratio of 0.50. The business's 50-day moving average is C$16.82 and its two-hundred day moving average is C$16.50. The firm has a market cap of C$1.79 billion, a P/E ratio of 10.11, a P/E/G ratio of 0.71 and a beta of 1.49.

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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