Fairfax India (OTCMKTS:FFXDF) Shares Gap Up – Should You Buy?

Fairfax India Holdings Corporation (OTCMKTS:FFXDF) shares gapped up before the market opened on Monday . The stock had previously closed at $15.9850, but opened at $16.5550. Fairfax India shares last traded at $16.6060, with a volume of 2,147 shares changing hands.

Fairfax India Stock Up 2.5%

The stock has a market capitalization of $2.21 billion, a PE ratio of 68.24 and a beta of 0.81. 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 company’s 50-day moving average is $16.92 and its 200 day moving average is $17.89.

Fairfax India (OTCMKTS:FFXDF) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.02 earnings per share (EPS) for the quarter.

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.