Automotive Finco (CVE:AFCC) Stock Price Down 2.9% – What’s Next?

Automotive Finco Corp. (CVE:AFCCGet Free Report) shares traded down 2.9% during trading on Monday . The company traded as low as C$1.67 and last traded at C$1.67. 85,741 shares were traded during trading, an increase of 185% from the average session volume of 30,108 shares. The stock had previously closed at C$1.72.

Automotive Finco Trading Down 2.9 %

The firm has a market capitalization of C$33.10 million and a P/E ratio of -13.92. The business’s 50 day moving average is C$1.67 and its two-hundred day moving average is C$1.67. The company has a quick ratio of 77.72, a current ratio of 77.76 and a debt-to-equity ratio of 55.16.

Automotive Finco Company Profile

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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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