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Fairfax India (TSE:FIH.U) Stock Price Crosses Above 50-Day Moving Average - Here's Why


Fairfax India (TSE:FIH.U) Stock Price Crosses Above 50-Day Moving Average   - Here's Why

Fairfax India Holdings Corp (TSE:FIH.U - Get Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$14.55 and traded as high as C$14.98. Fairfax India shares last traded at C$14.71, with a volume of 25,663 shares.

The company has a debt-to-equity ratio of 16.41, a quick ratio of 0.50 and a current ratio of 4.56. The firm has a market capitalization of C$1.55 billion, a P/E ratio of 8.76, a price-to-earnings-growth ratio of 0.71 and a beta of 1.48. The business has a fifty day moving average of C$14.55 and a 200-day moving average of C$14.48.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

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