Fairfax Financial Holdings Shares Cross Below Book Value
In trading on Friday, shares of Fairfax Financial Holdings, Ltd. (Toronto: FFH) crossed below their last reported book value — defined as common shareholder equity per share — of $360.49, changing hands as low as $357.60 per share. Fairfax Financial Holdings, Ltd. shares are currently trading off about 2.4% on the day. The chart below shows the one year performance of FFH shares, versus its 50 and 200 day moving averages:
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