Automotive Finco Corp. (CVE:AFCC – Get Free Report) shares were down 2.9% on Wednesday . The company traded as low as C$1.67 and last traded at C$1.67. Approximately 85,741 shares were traded during mid-day 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 Performance
The firm has a fifty day simple moving average of C$1.67 and a 200-day simple moving average of C$1.67. The company has a quick ratio of 77.72, a current ratio of 77.76 and a debt-to-equity ratio of 55.16. The company has a market cap of C$33.10 million and a PE 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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