First Acceptance (OTCMKTS:FACO) Trading Up 4.4% – What’s Next?

First Acceptance Co. (OTCMKTS:FACO) shares traded up 4.4% during trading on Wednesday . The company traded as high as $3.12 and last traded at $3.11. 4,365 shares traded hands during trading, an increase of 75% from the average session volume of 2,496 shares. The stock had previously closed at $2.98.

First Acceptance Trading Up 1.0 %

The firm has a market cap of $119.79 million, a P/E ratio of 1.50 and a beta of 0.21. The company’s 50 day moving average is $3.21 and its two-hundred day moving average is $3.45. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.57 and a quick ratio of 0.57.

First Acceptance (OTCMKTS:FACO) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $0.14 earnings per share for the quarter. The company had revenue of $129.26 million for the quarter. First Acceptance had a return on equity of 53.03% and a net margin of 12.41%.

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.