First Acceptance (OTCMKTS:FACO) Issues Earnings Results

First Acceptance (OTCMKTS:FACO) issued its quarterly earnings data on Tuesday. The company reported $0.27 EPS for the quarter, Zacks reports. First Acceptance had a net margin of 4.66% and a return on equity of 14.50%.

First Acceptance Stock Up 2.6%

FACO stock traded up $0.08 during trading on Tuesday, reaching $3.33. The stock had a trading volume of 6,891 shares, compared to its average volume of 6,507. The company has a market capitalization of $122.03 million, a P/E ratio of 5.20 and a beta of 0.02. The firm has a fifty day moving average price of $3.41 and a 200 day moving average price of $3.37. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.24. First Acceptance has a 1-year low of $2.88 and a 1-year high of $3.95.

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.