Fairfax India (TSE:FIH.U) Stock Price Down 0.3% – Should You Sell?

Fairfax India Holdings Corp (TSE:FIH.U)’s stock price traded down 0.3% during trading on Thursday . The stock traded as low as C$15.06 and last traded at C$15.12. 21,077 shares traded hands during mid-day trading, a decline of 32% from the average session volume of 30,789 shares. The stock had previously closed at C$15.16.

Fairfax India Stock Performance

The company has a debt-to-equity ratio of 16.41, a current ratio of 4.56 and a quick ratio of 0.50. The company has a market capitalization of C$1.58 billion, a PE ratio of 8.97, a price-to-earnings-growth ratio of 0.71 and a beta of 1.49. The firm’s fifty day simple moving average is C$15.14 and its 200 day simple moving average is C$14.61.

About Fairfax India

Fairfax India Holdings Corporation, an investment holding company, engages in investment activities in India. The company 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 in, or dependent on, India.