Fairfax India Holdings Corp (TSE:FIH.U - Get Free Report)'s share price shot up 2.3% during trading on Wednesday . The stock traded as high as C$18.70 and last traded at C$18.56. 90,983 shares changed hands during trading, an increase of 70% from the average session volume of 53,513 shares. The stock had previously closed at C$18.14.
Fairfax India Stock Up 0.9%
The firm has a 50-day moving average of C$17.44 and a 200 day moving average of C$17.14. The stock has a market capitalization of C$1.95 billion, a price-to-earnings ratio of 11.06, a price-to-earnings-growth ratio of 0.71 and a beta of 1.49. The company has a current ratio of 4.56, a quick ratio of 0.50 and a debt-to-equity ratio of 16.41.
About Fairfax India
(
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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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