First Acceptance (OTCMKTS:FACO) Releases Quarterly Earnings Results

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

First Acceptance Price Performance

OTCMKTS:FACO remained flat at $3.13 on Tuesday. First Acceptance has a 12 month low of $2.00 and a 12 month high of $4.35. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.57 and a quick ratio of 0.57. The firm has a market capitalization of $119.28 million, a PE ratio of 1.50 and a beta of 0.19. The business has a 50 day moving average of $3.13 and a 200 day moving average of $3.29.

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.