Automotive Finco Corp. (CVE:AFCC – Get Free Report) was down 2.9% on Wednesday . The stock traded as low as C$1.67 and last traded at C$1.67. Approximately 85,741 shares changed hands during trading, an increase of 185% from the average daily volume of 30,108 shares. The stock had previously closed at C$1.72.
Automotive Finco Stock Down 2.9 %
The firm’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 market capitalization of C$33.10 million and a price-to-earnings 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.
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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