Somewhat Favorable News Coverage Somewhat Unlikely to Affect First Acceptance Corporation (FAC) Stock Price
Headlines about First Acceptance Corporation (NYSE:FAC) have been trending somewhat positive this week, according to Accern. The research firm identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. First Acceptance Corporation earned a news sentiment score of 0.10 on Accern’s scale. Accern also gave headlines about the financial services provider an impact score of 45.534185584792 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news headlines that may have effected Accern’s analysis:
- First Acceptance Corporation (NYSE:FAC) Stock Closed 11.3% Above Its 50 Day Moving Average (highlightpress.com)
- FIRST ACCEPTANCE CORP /DE/ : Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing (form 8-K) (4-traders.com)
- First Acceptance Receives Continued Listed Standard Notice from NYSE (finance.yahoo.com)
- Chile families fight for acceptance of transgender children (newsadvance.com)
First Acceptance Corporation (NYSE:FAC) remained flat at $1.08 during midday trading on Friday. 4,290 shares of the company were exchanged. First Acceptance Corporation has a 1-year low of $0.74 and a 1-year high of $1.74. The firm’s 50-day moving average is $0.97 and its 200 day moving average is $1.19. The company’s market capitalization is $44.49 million.
First Acceptance Corporation (NYSE:FAC) last announced its quarterly earnings data on Wednesday, August 9th. The financial services provider reported ($0.02) earnings per share for the quarter. First Acceptance Corporation had a negative net margin of 1.10% and a negative return on equity of 9.72%. The business had revenue of $91.41 million during the quarter. On average, analysts predict that First Acceptance Corporation will post $0.13 earnings per share for the current year.
COPYRIGHT VIOLATION WARNING: “Somewhat Favorable News Coverage Somewhat Unlikely to Affect First Acceptance Corporation (FAC) Stock Price” was first reported by Daily Political and is owned by of Daily Political. If you are accessing this article on another domain, it was stolen and reposted in violation of international copyright & trademark law. The legal version of this article can be accessed at https://www.dailypolitical.com/2017/08/26/somewhat-favorable-news-coverage-somewhat-unlikely-to-affect-first-acceptance-corporation-fac-stock-price.html.
About First Acceptance Corporation
First Acceptance Corporation is a retailer, servicer and underwriter of non-standard personal automobile insurance based in Nashville, Tennessee. The Company operates in two segments: Insurance, and Real estate and corporate. Its insurance operations are engaged in selling non-standard personal automobile insurance products and related products in over 20 states.
Receive News & Ratings for First Acceptance Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Acceptance Corporation and related companies with MarketBeat.com's FREE daily email newsletter.