Fairfax Financial (OTCMKTS:FRFHF) Share Price Passes Above Fifty Day Moving Average – Here’s What Happened

Fairfax Financial Holdings Limited (OTCMKTS:FRFHF) shares crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $1,354.30 and traded as high as $1,400.00. Fairfax Financial shares last traded at $1,391.34, with a volume of 2,119 shares trading hands.

Analysts Set New Price Targets

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

Fairfax Financial Stock Down 0.0 %

The company has a 50-day moving average of $1,354.30 and a two-hundred day moving average of $1,235.72. The company has a quick ratio of 2.45, a current ratio of 2.45 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $32.26 billion, a P/E ratio of 8.51 and a beta of 0.81.

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.