First Acceptance (OTCMKTS:FACO) Trading 0.4% Higher - Time to Buy?

First Acceptance Co. (OTCMKTS:FACO - Get Free Report)'s stock price was up 0.4% on Thursday . The company traded as high as $3.15 and last traded at $3.15. Approximately 590 shares traded hands during trading, a decline of 82% from the average daily volume of 3,197 shares. The stock had previously closed at $3.14.

First Acceptance Stock Up 0.6 %

The firm has a 50 day simple moving average of $3.14 and a two-hundred day simple moving average of $3.36. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.25. The stock has a market capitalization of $120.81 million, a P/E ratio of 1.52 and a beta of 0.19.

About First Acceptance

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.