Fairfax India (TSE:FIH.U) Sets New 12-Month High – Here’s Why

Fairfax India Holdings Corp (TSE:FIH.UGet Free Report) shares reached a new 52-week high during trading on Thursday . The stock traded as high as C$16.59 and last traded at C$16.20, with a volume of 38964 shares trading hands. The stock had previously closed at C$15.58.

Fairfax India Trading Up 4.0 %

The company has a quick ratio of 0.50, a current ratio of 4.56 and a debt-to-equity ratio of 16.41. The company has a market capitalization of C$1.70 billion, a P/E ratio of 9.27, a price-to-earnings-growth ratio of 0.71 and a beta of 1.49. The business has a fifty day moving average price of C$14.81 and a 200 day moving average price of C$14.48.

About Fairfax India

(Get Free Report)

Fairfax India Holdings Corporation, an investment holding company, engages in investment activities in India. The company invests in public and private equity securities and debt instruments in India and Indian businesses, or other businesses with customers, suppliers, or business primarily conducted in, or dependent on, India.

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