Rifco (CVE:RFC) Shares Cross Above Fifty Day Moving Average of $0.80

Rifco Inc (CVE:RFC) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.80 and traded as high as $0.80. Rifco shares last traded at $0.80, with a volume of 5,500 shares trading hands.

The company has a quick ratio of 24.09, a current ratio of 24.09 and a debt-to-equity ratio of 668.85. The firm has a market cap of $17.28 million and a price-to-earnings ratio of -11.43. The stock’s 50 day moving average is C$0.81 and its 200 day moving average is C$0.89.

About Rifco (CVE:RFC)

Rifco Inc, through its subsidiary, Rifco National Auto Finance Corporation, provides auto finance services in Canada. It offers non-traditional auto financing to motorists through a network of selected new and used vehicle dealers. Rifco Inc is headquartered in Red Deer, Canada.

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