Fairfax India (TSE:FIH.U) Sets New 12-Month High – Still a Buy?

Shares of Fairfax India Holdings Corp (TSE:FIH.U) reached a new 52-week high during trading on Monday . The company traded as high as C$16.86 and last traded at C$16.82, with a volume of 33689 shares traded. The stock had previously closed at C$16.48.

Fairfax India Stock Performance

The company has a current ratio of 4.56, a quick ratio of 0.50 and a debt-to-equity ratio of 16.41. The company has a market cap of C$1.85 billion, a PE ratio of 10.47, a P/E/G ratio of 0.71 and a beta of 1.49. The firm’s 50-day simple moving average is C$15.78 and its two-hundred day simple moving average is C$15.04.

Insider Activity at Fairfax India

In other Fairfax India news, Director Brian Johnston Porter acquired 5,000 shares of the business’s stock in a transaction dated Wednesday, December 18th. The shares were purchased at an average price of C$22.42 per share, for a total transaction of C$112,104.00. 27.52% of the stock is owned by insiders.

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.