Fairfax India (OTCMKTS:FFXDF) Posts Earnings Results

Fairfax India (OTCMKTS:FFXDF) issued its quarterly earnings data on Thursday. The company reported $2.53 earnings per share for the quarter, Zacks reports.

Fairfax India Stock Performance

OTCMKTS:FFXDF opened at $17.99 on Friday. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.20. The firm’s fifty day simple moving average is $17.46 and its 200 day simple moving average is $17.41. The stock has a market cap of $2.43 billion, a P/E ratio of 74.96 and a beta of 0.82. Fairfax India has a twelve month low of $14.55 and a twelve month high of $20.49.

Fairfax India Company Profile

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.