Automotive Finco Corp. (CVE:AFCC – Get Free Report)’s share price traded down 2.9% during trading on Thursday . The stock traded as low as C$1.67 and last traded at C$1.67. 85,741 shares changed hands during mid-day trading, an increase of 185% from the average session volume of 30,108 shares. The stock had previously closed at C$1.72.
Automotive Finco Stock Down 2.9 %
The company has a debt-to-equity ratio of 55.16, a current ratio of 77.76 and a quick ratio of 77.72. The firm’s 50-day moving average price is C$1.67 and its 200 day moving average price is C$1.67. The firm has a market capitalization of C$33.10 million and a price-to-earnings ratio of -13.92.
About Automotive Finco
Automotive Finco Corp., a specialty finance company, focuses on the auto retail sector in Canada and internationally. The company, through its investment in Automotive Finance LP, intends to provide long term and debt based acquisition financing to auto dealerships. It also focuses on direct investments in the auto retail sector.
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