Automotive Finco (CVE:AFCC) Stock Price Down 2.9% – Should You Sell?

Automotive Finco Corp. (CVE:AFCC) traded down 2.9% on Tuesday . The stock traded as low as C$1.67 and last traded at C$1.67. 85,741 shares changed hands during trading, an increase of 185% from the average session volume of 30,108 shares. The stock had previously closed at C$1.72.

Automotive Finco Stock Down 2.9%

The firm has a market capitalization of C$33.10 million and a price-to-earnings ratio of -13.92. The company has a current ratio of 77.76, a quick ratio of 77.72 and a debt-to-equity ratio of 55.16. The firm has a fifty day moving average price of C$1.67 and a 200 day moving average price of C$1.67.

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. The company was formerly known as Augyva Mining Resources Inc and changed its name to Automotive Finco Corp. in March 2017. The company was incorporated in 1986 and is headquartered in Toronto, Canada.