Accord Financial (TSE:ACD) Reaches New 12-Month Low at $8.94

Accord Financial Corp. (TSE:ACD) hit a new 52-week low on Tuesday . The stock traded as low as C$8.94 and last traded at C$9.00, with a volume of 2491 shares trading hands. The stock had previously closed at C$9.12.

The firm has a market cap of $76.96 million and a P/E ratio of 7.02. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 311.28. The company’s 50-day moving average is C$9.26 and its two-hundred day moving average is C$9.70.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 3rd. Investors of record on Tuesday, September 3rd will be given a $0.09 dividend. The ex-dividend date of this dividend is Wednesday, August 14th. This represents a $0.36 annualized dividend and a yield of 4.04%. Accord Financial’s payout ratio is 28.41%.

Accord Financial Company Profile (TSE:ACD)

Accord Financial Corp., through its subsidiaries, provides asset-based financial services to industrial and commercial enterprises primarily in Canada and the United States. The company is involved in the asset-based lending, which entails financing or purchasing receivables on a recourse basis, as well as financing other tangible assets, such as inventory and equipment; and provision of lease and equipment, working capital, and film and media production financing, as well as credit guarantees and collection services generally without financing.

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