Fairfax Financial (OTCMKTS:FRFHF) Shares Cross Above Fifty Day Moving Average – What’s Next?

Fairfax Financial Holdings Limited (OTCMKTS:FRFHFGet Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $1,233.73 and traded as high as $1,266.72. Fairfax Financial shares last traded at $1,262.42, with a volume of 1,836 shares changing hands.

Fairfax Financial Trading Up 8.4 %

The business has a fifty day moving average of $1,237.02 and a 200-day moving average of $1,163.59. The company has a debt-to-equity ratio of 0.42, a quick ratio of 4.09 and a current ratio of 4.09. The company has a market capitalization of $31.35 billion, a P/E ratio of 7.64 and a beta of 0.78.

Fairfax Financial (OTCMKTS:FRFHFGet Free Report) last issued its quarterly earnings data on Thursday, August 1st. The financial services provider reported $37.18 earnings per share for the quarter. Fairfax Financial had a return on equity of 15.83% and a net margin of 14.01%. The business had revenue of $7.49 billion for the quarter. Analysts anticipate that Fairfax Financial Holdings Limited will post 149.57 earnings per share for the current fiscal year.

Fairfax Financial Company Profile

(Get Free Report)

Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. The company operates through Property and Casualty Insurance and Reinsurance, Life insurance and Run-off, and Non-Insurance Companies segments.

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