First Acceptance (OTCMKTS:FACO – Get Free Report) posted its quarterly earnings data on Tuesday. The company reported $0.16 earnings per share (EPS) for the quarter, Zacks reports. First Acceptance had a net margin of 7.82% and a return on equity of 18.63%.
First Acceptance Stock Performance
FACO stock remained flat at $6.00 during midday trading on Tuesday. 241 shares of the company’s stock were exchanged, compared to its average volume of 4,877. First Acceptance has a twelve month low of $3.25 and a twelve month high of $6.90. The company has a market cap of $220.33 million, a PE ratio of 6.06 and a beta of 0.23. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.19. The stock’s 50-day moving average is $6.06 and its 200-day moving average is $5.23.
About First Acceptance
First Acceptance Corporation is an insurance holding company associated with Acceptance Insurance, a provider of personal automobile insurance for drivers who may have difficulty obtaining coverage through standard insurance carriers. The company’s business is focused primarily on the nonstandard auto insurance market.
Through its insurance operations, First Acceptance offers automobile liability coverage and related protection, including options that may cover damage to a policyholder’s vehicle.
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