Fairfax India (TSE:FIH.U) Stock Price Crosses Below 50 Day Moving Average – Here’s What Happened

Fairfax India Holdings Corp (TSE:FIH.UGet Free Report)’s share price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$17.97 and traded as low as C$16.30. Fairfax India shares last traded at C$16.35, with a volume of 78,162 shares trading hands.

Fairfax India Trading Down 3.3 %

The stock’s 50 day simple moving average is C$17.97 and its 200 day simple moving average is C$16.28. The firm has a market cap of C$1.72 billion, a PE ratio of 9.73, a PEG ratio of 0.71 and a beta of 1.49. The company has a debt-to-equity ratio of 16.41, a quick ratio of 0.50 and a current ratio of 4.56.

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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