Shares of Finance of America Companies Inc. (NYSE:FOA – Get Free Report) saw strong trading volume on Wednesday . 41,939 shares traded hands during trading, an increase of 133% from the previous session’s volume of 17,989 shares.The stock last traded at $7.11 and had previously closed at $7.24.
Finance of America Companies Trading Down 1.4 %
The stock has a market cap of $705.50 million, a P/E ratio of -5.98 and a beta of 1.04. The company has a debt-to-equity ratio of 71.55, a quick ratio of 2.84 and a current ratio of 2.83. The stock’s fifty day moving average is $6.43 and its 200 day moving average is $6.85.
Finance of America Companies (NYSE:FOA – Get Free Report) last posted its quarterly earnings data on Tuesday, August 6th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.20) by $0.15. The company had revenue of $79.04 million during the quarter, compared to the consensus estimate of $66.00 million. During the same period in the previous year, the business earned ($0.15) earnings per share. As a group, equities research analysts predict that Finance of America Companies Inc. will post -0.4 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Finance of America Companies
About Finance of America Companies
Finance of America Companies Inc a financial service holding company, through its subsidiaries, engages in the operation of a retirement solutions platform in the United States. It operates through two segments: Retirement Solutions and Portfolio Management. The Retirement Solutions segment engages in the loan origination activities comprising home equity conversion, proprietary reverse, and hybrid mortgage loans for senior homeowners.
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