Fairfax India (OTCMKTS:FFXDF) Posts Earnings Results

Fairfax India (OTCMKTS:FFXDF) announced its earnings results on Thursday. The company reported $0.02 earnings per share for the quarter, Zacks reports.

Fairfax India Stock Down 0.4%

OTCMKTS:FFXDF traded down $0.07 on Friday, reaching $16.53. The stock had a trading volume of 25,178 shares, compared to its average volume of 36,995. The company has a 50-day moving average of $17.45 and a 200 day moving average of $17.92. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.17. The stock has a market cap of $2.23 billion, a P/E ratio of 35.17 and a beta of 0.88. Fairfax India has a 12-month low of $14.55 and a 12-month high of $20.38.

About Fairfax India

Fairfax India Holdings Corporation operates as an investment holding company in India. It 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 and dependent in India. The company was incorporated in 2014 and is headquartered in Toronto, Canada.