Fairfax Financial (OTCMKTS:FRFHF) Hits New 52-Week High – Still a Buy?

Fairfax Financial Holdings Limited (OTCMKTS:FRFHF) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $1,435.00 and last traded at $1,432.04, with a volume of 1647 shares changing hands. The stock had previously closed at $1,413.23.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada lifted their target price on Fairfax Financial from $1,425.00 to $1,500.00 and gave the stock an “outperform” rating in a report on Monday, November 4th.

Fairfax Financial Trading Up 1.3 %

The company has a quick ratio of 2.45, a current ratio of 2.45 and a debt-to-equity ratio of 0.39. The firm has a market cap of $33.22 billion, a price-to-earnings ratio of 8.64 and a beta of 0.79. The company has a 50-day moving average price of $1,301.56 and a 200 day moving average price of $1,202.34.

About Fairfax Financial

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.