Insider Buying: Fairfax India Holdings Corp (TSE:FIH.U) Director Acquires 820 Shares of Stock

Fairfax India Holdings Corp (TSE:FIH.U) Director Jason Thomas Kenney purchased 820 shares of the firm’s stock in a transaction on Thursday, March 13th. The stock was acquired at an average cost of C$23.43 per share, with a total value of C$19,212.58. Following the transaction, the director now directly owns 820 shares in the company, valued at C$19,212.58. This trade represents a ? increase in their ownership of the stock.

Fairfax India Stock Down 1.9 %

Shares of TSE FIH.U traded down C$0.31 during mid-day trading on Monday, hitting C$16.19. The company had a trading volume of 26,955 shares, compared to its average volume of 60,356. The company has a market capitalization of C$1.70 billion, a PE ratio of 9.64, a price-to-earnings-growth ratio of 0.71 and a beta of 1.49. The business’s 50-day simple moving average is C$17.56 and its 200 day simple moving average is C$16.36. Fairfax India Holdings Corp has a 1-year low of C$13.55 and a 1-year high of C$20.69. The company has a debt-to-equity ratio of 16.41, a current ratio of 4.56 and a quick ratio of 0.50.

About Fairfax India

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.