Fairfax Financial (TSE:FFH) Shares Up 0.1% - Here's What Happened

Fairfax Financial Holdings Limited (TSE:FFH - Get Free Report) shares shot up 0.1% on Friday . The company traded as high as C$2,051.71 and last traded at C$2,041.57. 7,009 shares were traded during trading, a decline of 90% from the average session volume of 72,199 shares. The stock had previously closed at C$2,039.99.

Analyst Ratings Changes

A number of brokerages recently weighed in on FFH. BMO Capital Markets boosted their target price on shares of Fairfax Financial from C$1,850.00 to C$2,200.00 in a report on Monday, November 4th. Cormark boosted their target price on shares of Fairfax Financial from C$2,125.00 to C$2,250.00 in a report on Tuesday, February 18th. Scotiabank boosted their target price on shares of Fairfax Financial from C$2,100.00 to C$2,200.00 in a report on Monday, November 4th. Finally, CIBC boosted their target price on shares of Fairfax Financial from C$2,200.00 to C$2,400.00 and gave the stock an "outperform" rating in a report on Thursday, January 30th.

Fairfax Financial Stock Down 0.9 %

The stock has a market capitalization of C$32.85 billion, a price-to-earnings ratio of 7.84, a P/E/G ratio of 0.27 and a beta of 0.83. The company's fifty day simple moving average is C$2,005.33 and its 200 day simple moving average is C$1,846.65.

Insider Buying and Selling at Fairfax Financial

In other news, Director R. William Mcfarland sold 4,800 shares of the business's stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of C$25.21, for a total value of C$121,008.00. Also, Director Brian Johnston Porter bought 100 shares of Fairfax Financial stock in a transaction dated Tuesday, February 18th. The stock was acquired at an average cost of C$2,104.88 per share, with a total value of C$210,488.00. Insiders have purchased a total of 111 shares of company stock worth $232,454 over the last ninety days. Insiders own 3.76% of the company's stock.

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Fairfax Financial Company Profile

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.