Automotive Finco Corp. (CVE:AFCC – Get Free Report)’s stock price dropped 2.9% on Tuesday . The stock traded as low as C$1.67 and last traded at C$1.67. Approximately 85,741 shares were traded during mid-day trading, an increase of 185% from the average daily volume of 30,108 shares. The stock had previously closed at C$1.72.
Automotive Finco Trading Down 2.9 %
The company has a debt-to-equity ratio of 55.16, a quick ratio of 77.72 and a current ratio of 77.76. The firm has a market capitalization of C$33.10 million and a PE ratio of -13.92. The stock’s 50-day simple moving average is C$1.67 and its 200-day simple moving average is C$1.67.
Automotive Finco Company Profile
Automotive Finco Corp., a specialty finance company, focuses on the auto retail sector in Canada and internationally. The company, through its investment in Automotive Finance LP, intends to provide long term and debt based acquisition financing to auto dealerships. It also focuses on direct investments in the auto retail sector.
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