Fairfax India (OTCMKTS:FFXDF) Sets New 1-Year Low – What’s Next?

Fairfax India Holdings Corporation (OTCMKTS:FFXDF) shares reached a new 52-week low on Monday . The stock traded as low as $15.46 and last traded at $16.9433, with a volume of 688 shares changing hands. The stock had previously closed at $17.37.

Fairfax India Price Performance

The company has a quick ratio of 0.04, a current ratio of 0.04 and a debt-to-equity ratio of 0.15. The firm’s fifty day moving average price is $17.27 and its two-hundred day moving average price is $17.12. The stock has a market capitalization of $2.29 billion, a PE ratio of 5.59 and a beta of 0.82.

Fairfax India (OTCMKTS:FFXDF) last released its quarterly earnings data on Thursday, February 19th. The company reported $2.53 earnings per share for the quarter.

Fairfax India Company Profile

Fairfax India (OTCMKTS:FFXDF) is a Bermuda‐incorporated, Toronto‐based investment holding company that focuses on equity and debt opportunities within India’s rapidly evolving economy. Publicly traded on the OTC market under the symbol FFXDF, the firm seeks to deliver long‐term capital appreciation through a diversified portfolio of Indian financial services, consumer products, healthcare, and industrial enterprises.

The company’s primary activities include making direct equity investments in publicly listed Indian companies as well as participating in private placements and structured debt instruments.