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Fairfax India (TSE:FIH.U) Share Price Crosses Above 50-Day Moving Average - What's Next?

Fairfax India logo with Finance background

Shares of Fairfax India Holdings Corp (TSE:FIH.U - Get Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$16.73 and traded as high as C$19.55. Fairfax India shares last traded at C$19.08, with a volume of 103,860 shares traded.

Fairfax India Price Performance

The company has a debt-to-equity ratio of 16.41, a current ratio of 4.56 and a quick ratio of 0.50. The stock has a market capitalization of C$2.05 billion, a price-to-earnings ratio of 11.60, a PEG ratio of 0.71 and a beta of 1.49. The stock's 50 day simple moving average is C$16.85 and its 200-day simple moving average is C$15.60.

Insider Buying and Selling at Fairfax India

In other news, Director Brian Johnston Porter purchased 5,000 shares of the company's stock in a transaction dated Wednesday, December 18th. The shares were bought at an average price of C$22.42 per share, with a total value of C$112,104.00. Corporate insiders own 27.52% of the company's stock.

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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