Automotive Finco Corp. (CVE:AFCC – Get Free Report) traded down 2.9% during mid-day trading on Wednesday . The stock traded as low as C$1.67 and last traded at C$1.67. 85,741 shares traded hands during mid-day 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 Down 2.9 %
The company has a debt-to-equity ratio of 55.16, a current ratio of 77.76 and a quick ratio of 77.72. The business’s 50 day moving average price is C$1.67 and its 200 day moving average price is C$1.67. The firm has a market cap of C$33.10 million and a PE ratio of -13.92.
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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