Fairfax India (TSE:FIH.U) Hits New 52-Week High – What’s Next?

Fairfax India Holdings Corp (TSE:FIH.U) hit a new 52-week high during trading on Monday . The stock traded as high as C$19.88 and last traded at C$19.78, with a volume of 29054 shares traded. The stock had previously closed at C$19.10.

Fairfax India Stock Performance

The company’s 50-day moving average is C$16.60 and its two-hundred day moving average is C$15.46. The company has a market capitalization of C$2.00 billion, a P/E ratio of 11.31, a PEG ratio of 0.71 and a beta of 1.49. The company has a quick ratio of 0.50, a current ratio of 4.56 and a debt-to-equity ratio of 16.41.

Insider Transactions at Fairfax India

In other Fairfax India news, Director Brian Johnston Porter purchased 5,000 shares of the firm’s stock in a transaction on Wednesday, December 18th. The shares were purchased at an average cost of C$22.42 per share, with a total value of C$112,104.00. Insiders own 27.52% of the company’s stock.

About Fairfax India

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.