First Acceptance (OTCMKTS:FACO) Shares Up 1.6% - What's Next?

First Acceptance Co. (OTCMKTS:FACO - Get Free Report) shares traded up 1.6% during trading on Tuesday . The company traded as high as $3.27 and last traded at $3.25. 2,250 shares were traded during mid-day trading, a decline of 73% from the average session volume of 8,478 shares. The stock had previously closed at $3.20.

First Acceptance Stock Performance

The firm has a fifty day moving average of $3.39 and a 200 day moving average of $3.32. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.57 and a quick ratio of 0.57. The stock has a market capitalization of $115.96 million, a price-to-earnings ratio of 1.52 and a beta of -0.10.

First Acceptance (OTCMKTS:FACO - Get Free Report) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $0.08 EPS for the quarter. The business had revenue of $125.09 million for the quarter. First Acceptance had a net margin of 12.41% and a return on equity of 53.03%.

About First Acceptance

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.