First Acceptance Corporation (OTCMKTS:FACO – Get Free Report) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 15 shares, an increase of ∞ from the May 31st total of 0 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 5,807 shares, the days-to-cover ratio is currently 0.0 days.
First Acceptance Price Performance
Shares of OTCMKTS:FACO traded up $0.00 on Thursday, hitting $5.38. The stock had a trading volume of 100 shares, compared to its average volume of 7,357. The firm’s 50 day moving average price is $5.27 and its 200-day moving average price is $4.64. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.63 and a current ratio of 0.63. First Acceptance has a twelve month low of $3.17 and a twelve month high of $5.84. The company has a market capitalization of $198.72 million, a price-to-earnings ratio of 5.73 and a beta of 0.21.
First Acceptance (OTCMKTS:FACO – Get Free Report) last announced its earnings results on Tuesday, May 5th. The company reported $0.22 earnings per share (EPS) for the quarter. First Acceptance had a net margin of 7.11% and a return on equity of 17.90%. The business had revenue of $118.38 million during the quarter.
First Acceptance Company Profile
First Acceptance Corporation (OTCMKTS: FACO) is a specialty underwriter that focuses on directly marketed print and supplemental health insurance products. Through a network of postal and digital marketing channels, the company offers fixed indemnity medical plans designed to help policyholders manage out-of-pocket healthcare expenses. In addition to core health insurance plans, First Acceptance markets a variety of supplemental coverage options, including dental, accident and critical illness policies.
Beyond its print health business, First Acceptance operates an insurance risk retention group that enables member organizations to pool risk and purchase liability and healthcare benefit programs.
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