First Acceptance (OTCMKTS:FACO) Announces Quarterly Earnings Results

First Acceptance (OTCMKTS:FACO) posted its quarterly earnings results on Tuesday. The company reported $0.21 EPS for the quarter, Zacks reports. The business had revenue of $127.23 million during the quarter. First Acceptance had a net margin of 12.41% and a return on equity of 53.03%.

First Acceptance Trading Up 9.0 %

OTCMKTS FACO opened at $3.38 on Thursday. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.25. The firm has a 50 day moving average of $3.13 and a two-hundred day moving average of $3.28. The stock has a market capitalization of $128.81 million, a PE ratio of 1.62 and a beta of 0.19. First Acceptance has a 52 week low of $2.35 and a 52 week high of $4.35.

First Acceptance Company Profile

First Acceptance Corporation, together with its subsidiaries, operates as a retailer, servicer, and underwriter of non-standard personal automobile insurance and related products in the United States. It issues non-standard automobile insurance policies to individuals based on their inability or unwillingness to obtain insurance coverage from standard carriers due to various factors, including their payment preference, failure to maintain continuous insurance coverage, or driving record.