First Acceptance Co. (OTCMKTS:FACO – Get Rating) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 3,400 shares, a growth of 3,300.0% from the March 15th total of 100 shares. Based on an average daily trading volume, of 5,200 shares, the short-interest ratio is currently 0.7 days.

First Acceptance Price Performance

OTCMKTS:FACO opened at $0.77 on Friday. The firm has a market capitalization of $29.16 million, a price-to-earnings ratio of -1.67 and a beta of 0.10. First Acceptance has a 52-week low of $0.70 and a 52-week high of $1.98. The stock has a fifty day moving average of $0.82 and a 200 day moving average of $0.95. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.65 and a current ratio of 0.65.

First Acceptance (OTCMKTS:FACO – Get Rating) last released its earnings results on Tuesday, March 7th. The company reported ($0.06) EPS for the quarter. The firm had revenue of $87.86 million during the quarter. First Acceptance had a negative net margin of 5.78% and a negative return on equity of 23.60%.

First Acceptance Company Profile

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First Acceptance Corp. is a holding company, which engages in the selling, servicing, and underwriting of non-standard personal automobile insurance and related products. The firm markets its services through the Acceptance Insurance, Yale Insurance, and Insurance Plus brands. Its products include bad credit automobile insurance, motorcycle insurance, military motorcycle insurance, roadside assistance, renters insurance, pet insurance, and life insurance.

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