First Acceptance (OTCMKTS:FACO) Releases Earnings Results

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

First Acceptance Price Performance

OTCMKTS FACO remained flat at $3.13 during trading hours on Tuesday. 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 cap of $119.28 million, a PE ratio of 1.50 and a beta of 0.19. The stock has a 50 day simple moving average of $3.13 and a two-hundred day simple moving average of $3.29. First Acceptance has a 12-month low of $2.00 and a 12-month high of $4.35.

About First Acceptance

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.