First Acceptance (FAC) Earning Favorable News Coverage, Report Shows

News stories about First Acceptance (NYSE:FAC) have trended positive on Wednesday, Accern Sentiment reports. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. First Acceptance earned a news impact score of 0.45 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 44.1865399343482 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Separately, TheStreet raised First Acceptance from a “d” rating to a “c-” rating in a research note on Tuesday, November 28th.

Shares of First Acceptance (NYSE FAC) traded up $0.01 during trading on Wednesday, reaching $1.22. The company had a trading volume of 1,300 shares, compared to its average volume of 38,248. First Acceptance has a 52 week low of $0.80 and a 52 week high of $1.74. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.73 and a quick ratio of 0.73.

First Acceptance (NYSE:FAC) last announced its quarterly earnings results on Tuesday, November 7th. The financial services provider reported $0.05 EPS for the quarter. First Acceptance had a negative return on equity of 2.33% and a negative net margin of 0.49%. The company had revenue of $85.98 million during the quarter.

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About First Acceptance

First Acceptance Corporation is a retailer, servicer and underwriter of non-standard personal automobile insurance based in Nashville, Tennessee. The Company operates in two segments: Insurance, and Real estate and corporate. Its insurance operations are engaged in selling non-standard personal automobile insurance products and related products in over 20 states.

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