Fairfax India (OTCMKTS:FFXDF) Shares Gap Up – Here’s What Happened

Shares of Fairfax India Holdings Corporation (OTCMKTS:FFXDFGet Free Report) gapped up before the market opened on Friday . The stock had previously closed at $18.08, but opened at $19.55. Fairfax India shares last traded at $19.55, with a volume of 1,100 shares trading hands.

Fairfax India Price Performance

The company’s 50 day moving average price is $18.91 and its 200-day moving average price is $17.82. The stock has a market cap of $2.46 billion, a P/E ratio of 38.70 and a beta of 0.84. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 0.18.

Fairfax India (OTCMKTS:FFXDFGet Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $2.06 earnings per share (EPS) for the quarter.

About Fairfax India

(Get Free Report)

Fairfax India Holdings Corporation operates as an investment holding company in India. It 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 and dependent in India. The company was incorporated in 2014 and is headquartered in Toronto, Canada.

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