Fairfax India (TSE:FIH.U) Stock Price Crosses Below 200 Day Moving Average – Time to Sell?

Fairfax India Holdings Corp (TSE:FIH.U)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$17.22 and traded as low as C$17.20. Fairfax India shares last traded at C$17.84, with a volume of 24,821 shares.

Fairfax India Trading Up 0.1%

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 stock has a market capitalization of C$2.40 billion, a price-to-earnings ratio of 9.60, a price-to-earnings-growth ratio of 0.71 and a beta of 0.67. The business has a fifty day simple moving average of C$17.31 and a 200 day simple moving average of C$17.23.

Fairfax India Company Profile

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. The company operates through investing in the India segment and it earns income through the source of interest and dividends.