Fairfax Financial Holdings Limited (OTCMKTS:FRFHF - Get Free Report) shares crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $1,354.30 and traded as high as $1,400.00. Fairfax Financial shares last traded at $1,391.34, with a volume of 2,119 shares.
Analysts Set New Price Targets
Separately, Royal Bank of Canada raised their price objective on shares of Fairfax Financial from $1,425.00 to $1,500.00 and gave the stock an "outperform" rating in a research note on Monday, November 4th.
Check Out Our Latest Analysis on FRFHF
Fairfax Financial Trading Down 0.0 %
The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.45 and a current ratio of 2.45. The company has a market capitalization of $32.26 billion, a PE ratio of 8.51 and a beta of 0.81. The business has a fifty day moving average price of $1,354.30 and a 200 day moving average price of $1,235.72.
About Fairfax Financial
(
Get Free Report)
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.
Further Reading
Before you consider Fairfax Financial, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Fairfax Financial wasn't on the list.
While Fairfax Financial currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
