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Fairfax India (TSE:FIH.U) Shares Pass Below 50 Day Moving Average - Time to Sell?

Fairfax India logo with Finance background

Fairfax India Holdings Corp (TSE:FIH.U - Get Free Report) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$17.63 and traded as low as C$14.50. Fairfax India shares last traded at C$15.30, with a volume of 264,689 shares traded.

Fairfax India Trading Down 0.6 %

The company has a current ratio of 4.56, a quick ratio of 0.50 and a debt-to-equity ratio of 16.41. The firm has a market capitalization of C$1.67 billion, a P/E ratio of 9.46, a P/E/G ratio of 0.71 and a beta of 1.49. The stock has a 50 day simple moving average of C$17.50 and a 200-day simple moving average of C$16.37.

About Fairfax India

(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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