Fairfax Financial Holdings Ltd Subordinate Voting Shares (TSE:FFH) Shares Cross Below Fifty Day Moving Average of $624.65

Share on StockTwits

Fairfax Financial Holdings Ltd Subordinate Voting Shares (TSE:FFH) shares crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $624.65 and traded as low as $640.00. Fairfax Financial Holdings Ltd Subordinate Voting Shares shares last traded at $659.95, with a volume of 23,972 shares traded.

A number of brokerages have recently issued reports on FFH. Cormark increased their target price on Fairfax Financial Holdings Ltd Subordinate Voting Shares from C$740.00 to C$800.00 in a report on Tuesday, April 9th. National Bank Financial increased their target price on Fairfax Financial Holdings Ltd Subordinate Voting Shares from C$775.00 to C$800.00 and gave the stock an “outperform” rating in a report on Thursday, May 2nd. Raymond James set a C$780.00 target price on Fairfax Financial Holdings Ltd Subordinate Voting Shares and gave the stock an “outperform” rating in a report on Wednesday. Royal Bank of Canada reissued an “outperform” rating on shares of Fairfax Financial Holdings Ltd Subordinate Voting Shares in a report on Friday, May 3rd. Finally, CIBC increased their target price on Fairfax Financial Holdings Ltd Subordinate Voting Shares from C$725.00 to C$750.00 in a report on Monday, April 22nd. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Fairfax Financial Holdings Ltd Subordinate Voting Shares currently has an average rating of “Buy” and a consensus price target of C$735.00.

The stock has a market capitalization of $18.28 billion and a P/E ratio of 44.07. The company has a quick ratio of 1.14, a current ratio of 1.98 and a debt-to-equity ratio of 41.19.

Fairfax Financial Holdings Ltd Subordinate Voting Shares (TSE:FFH) last released its quarterly earnings results on Thursday, May 2nd. The company reported C$15.99 EPS for the quarter, topping the Zacks’ consensus estimate of C$14.09 by C$1.90. The business had revenue of C$7.49 billion for the quarter, compared to the consensus estimate of C$7.24 billion. Equities analysts forecast that Fairfax Financial Holdings Ltd Subordinate Voting Shares will post 42.7099977 EPS for the current year.

In other Fairfax Financial Holdings Ltd Subordinate Voting Shares news, Director F. Brian Bradstreet sold 200 shares of the stock in a transaction on Tuesday, June 11th. The stock was sold at an average price of C$635.50, for a total value of C$127,100.00. Following the transaction, the director now directly owns 15,375 shares in the company, valued at approximately C$9,770,812.50.

WARNING: This piece was posted by Ticker Report and is the property of of Ticker Report. If you are reading this piece on another website, it was illegally copied and republished in violation of US & international copyright laws. The original version of this piece can be read at https://www.tickerreport.com/banking-finance/4380092/fairfax-financial-holdings-ltd-subordinate-voting-shares-tseffh-shares-cross-below-fifty-day-moving-average-of-624-65.html.

About Fairfax Financial Holdings Ltd Subordinate Voting Shares (TSE:FFH)

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 also underwrites specialty insurance and reinsurance; develops, produces, markets, and distributes television programs; and franchises, owns, and operates dining restaurants and holiday resorts.

See Also: Understanding Relative Strength Index

Receive News & Ratings for Fairfax Financial Holdings Ltd Subordinate Voting Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fairfax Financial Holdings Ltd Subordinate Voting Shares and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Focus Financial Partners  vs. Hennessy Advisors  Head-To-Head Survey
Focus Financial Partners vs. Hennessy Advisors Head-To-Head Survey
Analyzing Bay Banks of Virginia  and South Plains Financial
Analyzing Bay Banks of Virginia and South Plains Financial
Head-To-Head Survey: Enel S.p.A. ADS  versus NextEra Energy
Head-To-Head Survey: Enel S.p.A. ADS versus NextEra Energy
Critical Comparison: Qiagen  & Atara Biotherapeutics
Critical Comparison: Qiagen & Atara Biotherapeutics
Waitr  & Its Peers Financial Comparison
Waitr & Its Peers Financial Comparison
Head to Head Analysis: F&M Bank  and Carter Bank and Trust
Head to Head Analysis: F&M Bank and Carter Bank and Trust


© 2006-2019 Ticker Report