First Acceptance (OTCMKTS:FACO) Trading Up 6.2%

First Acceptance Co. (OTCMKTS:FACO – Get Rating)’s stock price rose 6.2% on Thursday . The stock traded as high as $0.85 and last traded at $0.85. Approximately 100 shares changed hands during mid-day trading, a decline of 93% from the average daily volume of 1,420 shares. The stock had previously closed at $0.80.

First Acceptance Stock Up 6.2 %

The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.60. The company has a market cap of $32.20 million, a price-to-earnings ratio of -1.55 and a beta of 0.14. The stock’s 50-day moving average is $0.81 and its 200-day moving average is $1.17.

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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