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Asset Acceptance Capital Corporation - Price Analysis Snapshot
This Report features up to a ten-year record of the equity Price history for Asset Acceptance Capital Corporation. Tabular results include the High, Low and Closing price for the quarter. There is also a calculation of percentage change in price for both Quarterly and Annual periods. Price values are adjusted for stock splits and dividends.
Asset Acceptance Capital Corporation. The Group's principal activity is to purchase and collect charged-off accounts receivable portfolios from consumer credit originators. Charged-off receivables are the unpaid obligations of individuals to credit originators, such as credit card issuers, consumer finance companies, retail merchants and telecommunications and other utility provider from resellers and other holders of consumer debt. As part of the collection process, the Group occasionally sells receivables from these portfolios to unaffiliated companies. The Group selectively deploys its capital in the primary, secondary and tertiary markets. It also finances the sales of consumer product retailers located primarily in Michigan and Florida.
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