Fairfax India (TSE:FIH.U) Shares Down 0.3% – Here’s What Happened

by · The Cerbat Gem

Fairfax India Holdings Corp (TSE:FIH.U – Get Free Report)’s stock price was down 0.3% during mid-day trading on Thursday . The stock traded as low as C$15.06 and last traded at C$15.12. Approximately 21,077 shares traded hands during mid-day trading, a decline of 32% from the average daily volume of 30,789 shares. The stock had previously closed at C$15.16.

Fairfax India Price Performance

The business’s 50 day moving average price is C$15.14 and its 200-day moving average price is C$14.61. 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 company has a market cap of C$1.59 billion, a PE ratio of 9.00, a price-to-earnings-growth ratio of 0.71 and a beta of 1.49.

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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