Fairfx Group (LON:FFX) Shares Up 1.2% – Still a Buy?

Fairfx Group PLC (LON:FFX) rose 1.2% during mid-day trading on Wednesday . The stock traded as high as GBX 127 ($1.66) and last traded at GBX 124.50 ($1.63). Approximately 199,885 shares changed hands during mid-day trading, a decline of 61% from the average daily volume of 518,908 shares. The stock had previously closed at GBX 123 ($1.61).

Fairfx Group Stock Performance

The stock’s 50 day moving average is GBX 124.50 and its 200 day moving average is GBX 124.50. The company has a market capitalization of £204.20 million and a PE ratio of 77.81.

Fairfx Group Company Profile

FairFX Group Plc, through its subsidiaries, primarily provides foreign exchange payment services to private clients and corporations through prepaid currency cards, travel cash, and international money transfers in the United Kingdom. The company operates a cloud-based peer-to-peer payments platform that enables personal and business customers to make multi-currency payments in a range of currencies, and across a range of FX products through an integrated system.