Fairfax India (OTCMKTS:FFXDF) Stock Price Down 0.9% - Time to Sell?

Shares of Fairfax India Holdings Co. (OTCMKTS:FFXDF - Get Free Report) were down 0.9% during mid-day trading on Thursday . The stock traded as low as $14.74 and last traded at $14.79. Approximately 7,710 shares changed hands during mid-day trading, a decline of 73% from the average daily volume of 28,759 shares. The stock had previously closed at $14.92.

Fairfax India Trading Up 1.9 %

The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $2.04 billion, a P/E ratio of 9.18 and a beta of 1.17. The firm has a 50 day moving average of $14.76 and a 200-day moving average of $14.47.

Fairfax India (OTCMKTS:FFXDF - Get Free Report) last released its earnings results on Thursday, August 1st. The company reported $1.88 earnings per share for the quarter.

Fairfax India Company Profile

Fairfax India Holdings Corporation operates as an investment holding company in India. It invests in public and private equity securities and debt instruments in India and Indian businesses, or other businesses with customers, suppliers, or business primarily conducted and dependent in India. The company was incorporated in 2014 and is headquartered in Toronto, Canada.