Fairfax Financial (TSE:FFH) Sets New 52-Week High – Here’s What Happened

Fairfax Financial Holdings Limited (TSE:FFH) hit a new 52-week high during trading on Tuesday . The stock traded as high as C$2,125.31 and last traded at C$2,125.31, with a volume of 15472 shares. The stock had previously closed at C$2,079.84.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Cormark upped their target price on Fairfax Financial from C$2,125.00 to C$2,250.00 in a research report on Tuesday, February 18th. CIBC increased their target price on shares of Fairfax Financial from C$2,400.00 to C$2,500.00 in a report on Monday, March 10th.

Fairfax Financial Trading Down 0.2 %

The stock’s 50-day moving average price is C$2,020.94 and its 200-day moving average price is C$1,914.18. The stock has a market cap of C$34.32 billion, a price-to-earnings ratio of 8.19, a P/E/G ratio of 0.27 and a beta of 0.83.

Insider Buying and Selling at Fairfax Financial

In other Fairfax Financial news, Director Brian Johnston Porter acquired 100 shares of the company’s stock in a transaction on Tuesday, February 18th. The shares were purchased at an average cost of C$2,104.88 per share, with a total value of C$210,488.00. Also, insider Andrew Barnard sold 2,305 shares of the firm’s stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of C$2,056.06, for a total value of C$4,739,220.14. Over the last quarter, insiders have sold 6,642 shares of company stock valued at $13,178,144. 3.76% of the stock is currently owned by insiders.

Fairfax Financial Company Profile

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.