Automotive Finco (AFCC) Sets New 1-Year Low at $1.58
Shares of Automotive Finco Corp (CVE:AFCC) reached a new 52-week low during trading on Wednesday . The stock traded as low as C$1.58 and last traded at C$1.70, with a volume of 3200 shares trading hands. The stock had previously closed at C$1.77.
The company has a debt-to-equity ratio of 52.11, a current ratio of 1.30 and a quick ratio of 1.30.
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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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