Automotive Finco Corp. (CVE:AFCC – Get Free Report) fell 2.9% during mid-day trading on Wednesday . The company traded as low as C$1.67 and last traded at C$1.67. 85,741 shares traded hands during 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 Trading Down 2.9 %
The firm has a market cap of C$33.10 million and a P/E ratio of -13.92. 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’s fifty day moving average price is C$1.67 and its two-hundred day moving average price is C$1.67.
Automotive Finco Company Profile
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.
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