Fairfax India (OTCMKTS:FFXDF) Announces Quarterly Earnings Results

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

Fairfax India Stock Performance

Shares of OTCMKTS FFXDF traded down $0.07 during trading on Friday, reaching $16.53. 25,178 shares of the company traded hands, compared to its average volume of 36,995. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.17. The firm has a 50 day simple moving average of $17.45 and a 200-day simple moving average of $17.92. Fairfax India has a 52-week low of $14.55 and a 52-week high of $20.38. The stock has a market capitalization of $2.23 billion, a PE ratio of 35.17 and a beta of 0.88.

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.