Shares of Fairfax India Holdings Corp (TSE:FIH.U - Get Free Report) traded down 0.4% on Wednesday . The stock traded as low as C$19.50 and last traded at C$19.62. 16,411 shares changed hands during mid-day trading, a decline of 68% from the average session volume of 51,397 shares. The stock had previously closed at C$19.70.
Fairfax India Price Performance
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 firm has a fifty day moving average of C$18.25 and a two-hundred day moving average of C$17.51. The stock has a market capitalization of C$2.12 billion, a P/E ratio of 11.98, 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.
Further Reading
Before you consider Fairfax India, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Fairfax India wasn't on the list.
While Fairfax India currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.