Fairfax Financial (OTCMKTS:FRFHF) Hits New 52-Week High – Should You Buy?

Fairfax Financial Holdings Limited (OTCMKTS:FRFHF)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $1,422.79 and last traded at $1,394.48, with a volume of 11104 shares. The stock had previously closed at $1,413.06.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada boosted their price objective 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 Trading Down 1.3 %

The business’s 50 day moving average price is $1,285.48 and its two-hundred day moving average price is $1,193.12. The company has a market capitalization of $32.35 billion, a price-to-earnings ratio of 8.53 and a beta of 0.79. The company has a current ratio of 2.45, a quick ratio of 2.45 and a debt-to-equity ratio of 0.39.

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.