Fairfax Financial (OTCMKTS:FRFHF) Sets New 52-Week High – Time to Buy?

Shares of Fairfax Financial Holdings Limited (OTCMKTS:FRFHF) hit a new 52-week high on Tuesday . The company traded as high as $1,387.97 and last traded at $1,378.00, with a volume of 1606 shares traded. The stock had previously closed at $1,367.23.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada boosted their price target on shares of Fairfax Financial from $1,425.00 to $1,500.00 and gave the stock an “outperform” rating in a research report on Monday, November 4th.

Fairfax Financial Stock Up 0.8 %

The company has a 50 day moving average of $1,267.58 and a 200-day moving average of $1,183.90. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.45 and a quick ratio of 2.45. The company has a market capitalization of $31.97 billion, a P/E ratio of 8.31 and a beta of 0.79.

Fairfax Financial Company Profile

Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. The company operates through Property and Casualty Insurance and Reinsurance, Life insurance and Run-off, and Non-Insurance Companies segments.