Shares of Fairfax India Holdings Corporation (OTCMKTS:FFXDF – Get Free Report) saw an uptick in trading volume on Tuesday . 53,798 shares were traded during mid-day trading, an increase of 67% from the previous session’s volume of 32,154 shares.The stock last traded at $17.20 and had previously closed at $17.30.
Fairfax India Price Performance
The firm’s 50 day simple moving average is $17.28 and its 200 day simple moving average is $17.47. The stock has a market capitalization of $2.31 billion, a PE ratio of 71.46 and a beta of 0.82. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.07 and a quick ratio of 0.07.
About Fairfax India
Fairfax India (OTCMKTS:FFXDF) is a Bermuda‐incorporated, Toronto‐based investment holding company that focuses on equity and debt opportunities within India’s rapidly evolving economy. Publicly traded on the OTC market under the symbol FFXDF, the firm seeks to deliver long‐term capital appreciation through a diversified portfolio of Indian financial services, consumer products, healthcare, and industrial enterprises.
The company’s primary activities include making direct equity investments in publicly listed Indian companies as well as participating in private placements and structured debt instruments.
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