Fairfax Financial (OTCMKTS:FRFHF) Reaches New 1-Year High – Here’s What Happened

Fairfax Financial Holdings Limited (OTCMKTS:FRFHF)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as $1,387.97 and last traded at $1,378.00, with a volume of 1606 shares traded. The stock had previously closed at $1,367.23.

Analysts Set New Price Targets

Separately, Royal Bank of Canada raised their price objective on Fairfax Financial from $1,425.00 to $1,500.00 and gave the company an “outperform” rating in a research note on Monday, November 4th.

Fairfax Financial Price Performance

The firm has a market capitalization of $32.50 billion, a PE ratio of 8.53 and a beta of 0.79. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.45 and a quick ratio of 2.45. The company has a 50-day moving average price of $1,278.18 and a 200-day moving average price of $1,188.89.

Fairfax Financial Company Profile

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.