Shares of Automotive Finco Corp. (CVE:AFCC – Get Free Report) were down 2.9% during trading on Wednesday . The company traded as low as C$1.67 and last traded at C$1.67. Approximately 85,741 shares traded 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 Stock Down 2.9 %
The company has a debt-to-equity ratio of 55.16, a quick ratio of 77.72 and a current ratio of 77.76. The stock’s 50-day moving average price is C$1.67 and its two-hundred day moving average price is C$1.67. The stock has a market capitalization 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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