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Morning Alert: Fairfax Financial Holdings Limited Cumulative 5-Year Rate Reset Preferred Shares Series M in 5th consecutive fall, nears a 16-month low 19 November 2018 12:12 EST

Nov 19, 2018 - News Bites Canadian Markets


Fairfax Financial Holdings Limited (TSX:FFH.PR.M) is down 71.0c (or 3.0%) over the past two trading days. After falling 0.8% on Tuesday, the preference stock fell 2.3% on Wednesday to trade at CAD22.81 vs. the S&P/TSX 60 Index that is up 0.9% in the same period.

SECTION 1: Technical indicators

The price decreased 0.9% in the last month.

In the last three months the preference stock has hit a new 52-week low six times, pointing to a downtre...