First Acceptance (OTCMKTS:FACO) Stock Price Down 0.6% – Here’s Why

First Acceptance Co. (OTCMKTS:FACO) shares fell 0.6% during mid-day trading on Thursday . The stock traded as low as $3.15 and last traded at $3.15. 100 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 10,690 shares. The stock had previously closed at $3.17.

First Acceptance Stock Down 0.6 %

The stock has a market cap of $120.07 million, a price-to-earnings ratio of 1.52 and a beta of 0.21. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.59 and a current ratio of 0.59. The firm’s 50-day simple moving average is $3.44 and its two-hundred day simple moving average is $3.46.

First Acceptance (OTCMKTS:FACO) last announced its quarterly earnings data on Tuesday, August 13th. The company reported $0.15 EPS for the quarter. The firm had revenue of $157.68 million for the quarter. First Acceptance had a return on equity of 63.60% and a net margin of 12.61%.

First Acceptance Company Profile

First Acceptance Corporation, together with its subsidiaries, operates as a retailer, servicer, and underwriter of non-standard personal automobile insurance and related products in the United States. It issues non-standard automobile insurance policies to individuals based on their inability or unwillingness to obtain insurance coverage from standard carriers due to various factors, including their payment preference, failure to maintain continuous insurance coverage, or driving record.