First Acceptance (OTCMKTS:FACO) Releases Earnings Results

First Acceptance (OTCMKTS:FACO) announced its quarterly earnings data on Tuesday. The company reported $0.21 EPS for the quarter, Zacks reports. The firm had revenue of $127.23 million during the quarter. First Acceptance had a net margin of 12.41% and a return on equity of 53.03%.

First Acceptance Trading Up 9.0 %

Shares of OTCMKTS:FACO opened at $3.38 on Thursday. The business has a 50-day moving average price of $3.13 and a 200-day moving average price of $3.28. The stock has a market cap of $128.81 million, a price-to-earnings ratio of 1.62 and a beta of 0.19. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.25. First Acceptance has a 52-week low of $2.35 and a 52-week high of $4.35.

First Acceptance Company Profile

First Acceptance Corporation, together with its subsidiaries, operates as a retailer, servicer, and underwriter of non-standard personal automobile insurance and related products in the United States. It issues non-standard automobile insurance policies to individuals based on their inability or unwillingness to obtain insurance coverage from standard carriers due to various factors, including their payment preference, failure to maintain continuous insurance coverage, or driving record.