Fairfax India (OTCMKTS:FFXDF) Posts Earnings Results

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

Fairfax India Price Performance

Shares of FFXDF stock opened at $17.99 on Friday. Fairfax India has a fifty-two week low of $14.55 and a fifty-two week high of $20.49. The firm has a market capitalization of $2.43 billion, a PE ratio of 5.92 and a beta of 0.82. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.07 and a current ratio of 0.07. The stock’s 50-day simple moving average is $17.48 and its 200-day simple moving average is $17.40.

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.