Automotive Finco Corp. (CVE:AFCC – Get Free Report)’s stock price fell 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 Trading Down 2.9 %
The stock has a 50-day moving average of C$1.67 and a 200 day 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 stock 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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