Automotive Finco Corp. (CVE:AFCC – Get Free Report)’s stock price was down 2.9% during trading 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 Trading Down 2.9 %
The business’s fifty day simple moving average is C$1.67 and its two-hundred 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 stock has a market capitalization of C$33.10 million and a P/E 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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