Fairfax India (TSE:FIH.U) Stock Crosses Below 50-Day Moving Average – Should You Sell?

Shares of Fairfax India Holdings Corp (TSE:FIH.UGet Free Report) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$17.40 and traded as low as C$16.25. Fairfax India shares last traded at C$16.26, with a volume of 32,304 shares traded.

Fairfax India Stock Up 0.8%

The stock has a market cap of C$2.21 billion, a P/E ratio of 33.45, a P/E/G ratio of 0.71 and a beta of 0.83. The company’s 50 day moving average price is C$17.40 and its two-hundred day moving average price is C$17.97. The company has a quick ratio of 0.50, a current ratio of 4.56 and a debt-to-equity ratio of 16.41.

Fairfax India Company Profile

(Get Free Report)

Fairfax India Holdings Corp is an investment holding company. Its investment objective is to achieve long-term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in India and Indian businesses or other businesses with customers, suppliers, or business conducted in or dependent on India.

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