Automotive Finco (CVE:AFCC) Trading Down 2.9%

Shares of Automotive Finco Corp. (CVE:AFCCGet Free Report) fell 2.9% during mid-day trading on Thursday . The company traded as low as C$1.67 and last traded at C$1.67. 85,741 shares were traded 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 Price Performance

The company’s 50 day simple moving average is C$1.67 and its 200-day simple moving average is C$1.67. The company has a current ratio of 77.76, a quick ratio of 77.72 and a debt-to-equity ratio of 55.16. The company has a market capitalization of C$33.10 million and a price-to-earnings ratio of -13.92.

About Automotive Finco

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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.

Further Reading

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