Fairfax India (TSE:FIH.U) Stock Price Passes Below Fifty Day Moving Average – Should You Sell?

Fairfax India Holdings Corp (TSE:FIH.UGet Free Report)’s share price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$17.40 and traded as low as C$16.25. Fairfax India shares last traded at C$16.26, with a volume of 32,304 shares.

Fairfax India Trading Up 0.8%

The company has a debt-to-equity ratio of 16.41, a quick ratio of 0.50 and a current ratio of 4.56. The company has a market cap of C$2.21 billion, a PE ratio of 33.45, a PEG ratio of 0.71 and a beta of 0.83. The company has a 50 day simple moving average of C$17.40 and a two-hundred day simple moving average of C$17.97.

About Fairfax India

(Get Free Report)

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.

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