Fairfax Financial (OTCMKTS:FRFHF) Share Price Passes Above 50 Day Moving Average of $1,107.28

Shares of Fairfax Financial Holdings Limited (OTCMKTS:FRFHFGet Free Report) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $1,107.28 and traded as high as $1,128.92. Fairfax Financial shares last traded at $1,125.87, with a volume of 1,276 shares changing hands.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada upped their target price on Fairfax Financial from $1,085.00 to $1,200.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 20th.

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Fairfax Financial Price Performance

The company has a market capitalization of $27.08 billion, a P/E ratio of 7.28 and a beta of 0.79. The stock’s fifty day simple moving average is $1,107.28 and its 200-day simple moving average is $1,024.42. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.31 and a quick ratio of 2.31.

Fairfax Financial (OTCMKTS:FRFHFGet Free Report) last announced its earnings results on Thursday, May 2nd. The financial services provider reported $30.82 earnings per share for the quarter. The firm had revenue of $7.69 billion during the quarter. Fairfax Financial had a return on equity of 15.60% and a net margin of 13.79%.

Fairfax Financial Company Profile

(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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