(VIANEWS) – The NASDAQ opens in less than one hour and Credit Acceptance Corporation‘s pre-market value is already 5% up.
Credit Acceptance Corporation’s last close was $535.20, 13.21% under its 52-week high of $616.66.
The last session, NASDAQ ended with Credit Acceptance Corporation (CACC) sliding 1.29% to $535.20. NASDAQ fell 1.4% to $16,049.08, following the last session’s downward trend on what was an all-around bearish trend trading session.
About Credit Acceptance Corporation
Credit Acceptance Corporation engages in the provision of financing programs, and related products and services in the United States. The company advances money to automobile dealers in exchange for the right to service the underlying consumer loans; and buys the consumer loans from the dealers and keeps the amount collected from the consumers. It is also involved in the business of reinsuring coverage under vehicle service contracts sold to consumers by dealers on vehicles financed by the company. The company serves independent and franchised automobile dealers. Credit Acceptance Corporation was incorporated in 1972 and is headquartered in Southfield, Michigan.
Earnings Per Share
As for profitability, Credit Acceptance Corporation has a trailing twelve months EPS of $22.01.
PE Ratio
Credit Acceptance Corporation has a trailing twelve months price to earnings ratio of 24.32. Meaning, the purchaser of the share is investing $24.32 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 16.94%.
Yearly Top and Bottom Value
Credit Acceptance Corporation’s stock is valued at $535.20 at 09:24 EST, way below its 52-week high of $616.66 and way higher than its 52-week low of $379.77.
Moving Average
Credit Acceptance Corporation’s worth is under its 50-day moving average of $546.36 and higher than its 200-day moving average of $495.02.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Credit Acceptance Corporation’s EBITDA is 6.32.
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