Somewhat Favorable Media Coverage Somewhat Unlikely to Impact First Acceptance Corporation (NYSE:FAC) Stock Price
Media headlines about First Acceptance Corporation (NYSE:FAC) have trended somewhat positive on Monday, according to Accern. The research group rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. First Acceptance Corporation earned a daily sentiment score of 0.01 on Accern’s scale. Accern also assigned news stories about the financial services provider an impact score of 47.3413039821546 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
First Acceptance Corporation (FAC) traded up 9.88% during midday trading on Monday, hitting $0.89. The stock had a trading volume of 7,400 shares. The company has a 50-day moving average price of $1.02 and a 200-day moving average price of $1.23. First Acceptance Corporation has a 12-month low of $0.74 and a 12-month high of $1.74. The company’s market cap is $36.67 million.
First Acceptance Corporation (NYSE:FAC) last issued its quarterly earnings data on Wednesday, August 9th. The financial services provider reported ($0.02) EPS for the quarter. The company had revenue of $91.41 million for the quarter. First Acceptance Corporation had a negative return on equity of 9.72% and a negative net margin of 1.10%. Equities analysts anticipate that First Acceptance Corporation will post $0.13 EPS for the current year.
WARNING: This piece was first published by Watch List News and is the property of of Watch List News. If you are reading this piece on another domain, it was copied illegally and reposted in violation of United States & international copyright and trademark laws. The legal version of this piece can be accessed at https://www.watchlistnews.com/somewhat-favorable-media-coverage-somewhat-unlikely-to-impact-first-acceptance-corporation-nysefac-stock-price/1487854.html.
About First Acceptance Corporation
First Acceptance Corporation is a retailer, servicer and underwriter of non-standard personal automobile insurance based in Nashville, Tennessee. The Company operates in two segments: Insurance, and Real estate and corporate. Its insurance operations are engaged in selling non-standard personal automobile insurance products and related products in over 20 states.
Receive News & Ratings for First Acceptance Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Acceptance Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.