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Fairfax Financial (OTCMKTS:FRFHF) Shares Pass Above 50 Day Moving Average - Here's What Happened

Fairfax Financial logo with Finance background

Fairfax Financial Holdings Limited (OTCMKTS:FRFHF - Get Free Report) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $1,233.73 and traded as high as $1,266.72. Fairfax Financial shares last traded at $1,262.42, with a volume of 1,836 shares.

Fairfax Financial Stock Down 1.3 %

The firm has a market cap of $29.31 billion, a price-to-earnings ratio of 8.05 and a beta of 0.78. The company has a current ratio of 4.09, a quick ratio of 4.09 and a debt-to-equity ratio of 0.42. The stock has a 50-day moving average of $1,235.48 and a 200-day moving average of $1,163.02.

Fairfax Financial (OTCMKTS:FRFHF - Get Free Report) last released its quarterly earnings data on Thursday, August 1st. The financial services provider reported $37.18 earnings per share (EPS) for the quarter. Fairfax Financial had a return on equity of 15.83% and a net margin of 14.01%. The business had revenue of $7.49 billion during the quarter. As a group, sell-side analysts forecast that Fairfax Financial Holdings Limited will post 149.29 EPS for the current fiscal year.

About Fairfax Financial

(Get Free Report)

Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. The company operates through Property and Casualty Insurance and Reinsurance, Life insurance and Run-off, and Non-Insurance Companies segments.

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