First Acceptance (OTCMKTS:FACO) Stock Price Up 0.4% – Still a Buy?

First Acceptance Co. (OTCMKTS:FACO)’s share price traded up 0.4% during trading on Thursday . The stock traded as high as $3.15 and last traded at $3.15. 590 shares traded hands during trading, a decline of 82% from the average session volume of 3,197 shares. The stock had previously closed at $3.14.

First Acceptance Stock Performance

The stock’s fifty day moving average is $3.14 and its two-hundred day moving average is $3.36. The firm has a market cap of $120.81 million, a price-to-earnings ratio of 1.52 and a beta of 0.19. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.57 and a current ratio of 0.57.

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

First Acceptance Company Profile

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.