First Acceptance (OTCMKTS:FACO – Get Free Report) announced its quarterly earnings data on Tuesday. The company reported $0.16 earnings per share for the quarter, Zacks reports. The business had revenue of $117.90 million for the quarter. First Acceptance had a net margin of 7.82% and a return on equity of 18.63%.
First Acceptance Stock Performance
Shares of FACO opened at $6.00 on Wednesday. First Acceptance has a one year low of $3.25 and a one year high of $6.90. The company has a market cap of $220.32 million, a PE ratio of 6.06 and a beta of 0.26. The firm has a 50-day moving average of $6.06 and a 200-day moving average of $5.24. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.62 and a quick ratio of 0.62.
First Acceptance Company Profile
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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