Free Trial

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

Fairfax India logo with Finance background
Remove Ads

Fairfax India Holdings Corp (TSE:FIH.U - Get Free Report) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$17.97 and traded as low as C$16.30. Fairfax India shares last traded at C$16.35, with a volume of 78,162 shares trading hands.

Fairfax India Trading Up 0.8 %

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 firm's 50 day moving average is C$17.97 and its two-hundred day moving average is C$16.31. The stock has a market cap of C$1.80 billion, a price-to-earnings ratio of 10.20, a price-to-earnings-growth ratio of 0.71 and a beta of 1.49.

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.

Further Reading

Should You Invest $1,000 in Fairfax India Right Now?

Before you consider Fairfax India, 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 India wasn't on the list.

While Fairfax India currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Energy Stocks to Buy and Hold Forever Cover

With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Quantum Stocks Are Heating Up Again — 7 to Watch Now

Quantum Stocks Are Heating Up Again — 7 to Watch Now

After a brief dip earlier this year, fresh momentum has reignited interest; from penny plays to tech giants, these quantum stocks could lead the next surge.

Related Videos

These Are the 3 Stocks Most Likely to SPLIT in 2025
Marjorie Taylor Greene Bought THOUSANDS in Tesla Stock
Elon Musk’s First 100 Days of DOGE: 3 AI Stocks Ready to Soar

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads