Automotive Finco Corp. (CVE:AFCC – Get Free Report) fell 2.9% 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 Stock Performance
The firm’s 50-day moving average price is C$1.67 and its two-hundred day moving average price is C$1.67. The company has a debt-to-equity ratio of 55.16, a quick ratio of 77.72 and a current ratio of 77.76. The stock has a market cap of C$33.10 million and a price-to-earnings ratio of -13.92.
About Automotive Finco
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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