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Fairfax India (TSE:FIH.U) Stock Price Passes Below Fifty Day Moving Average - What's Next?

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Shares of Fairfax India Holdings Corp (TSE:FIH.U - Get Free Report) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$17.84 and traded as low as C$17.00. Fairfax India shares last traded at C$17.45, with a volume of 22,088 shares.

Fairfax India Stock Performance

The company has a quick ratio of 0.50, a current ratio of 4.56 and a debt-to-equity ratio of 16.41. The stock has a market cap of C$1.86 billion, a P/E ratio of 10.51, a price-to-earnings-growth ratio of 0.71 and a beta of 1.49. The firm's 50-day moving average is C$17.86 and its two-hundred day moving average is C$16.20.

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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