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Fairfax India (TSE:FIH.U) Stock Crosses Below Fifty Day Moving Average - Time to Sell?

Fairfax India logo with Finance background

Fairfax India Holdings Corp (TSE:FIH.U - Get Free Report)'s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$14.69 and traded as low as C$14.69. Fairfax India shares last traded at C$14.77, with a volume of 5,400 shares.

Fairfax India Price Performance

The company has a debt-to-equity ratio of 16.41, a quick ratio of 0.50 and a current ratio of 4.56. The firm has a market capitalization of C$1.55 billion, a P/E ratio of 8.79, a price-to-earnings-growth ratio of 0.71 and a beta of 1.49. The company has a 50-day moving average price of C$14.69 and a 200-day moving average price of C$14.47.

Fairfax India Company Profile

(Get Free Report)

Fairfax India Holdings Corporation, an investment holding company, engages in investment activities in India. The company 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 in, or dependent on, India.

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