Accord Financial (TSE:ACD) Releases Quarterly Earnings Results

Accord Financial (TSE:ACD) issued its earnings results on Wednesday. The company reported C($1.39) EPS for the quarter, FiscalAI reports. The firm had revenue of C$5.11 million for the quarter. Accord Financial had a negative return on equity of 8.24% and a negative net margin of 9.45%.

Accord Financial Stock Down 2.0%

Shares of TSE ACD traded down C$0.03 during midday trading on Wednesday, hitting C$1.50. 2,601 shares of the company’s stock were exchanged, compared to its average volume of 2,872. The firm’s fifty day simple moving average is C$1.81 and its 200-day simple moving average is C$2.32. The company has a market cap of C$12.84 million, a PE ratio of -1.97 and a beta of -0.05. Accord Financial has a twelve month low of C$1.45 and a twelve month high of C$3.86. The company has a debt-to-equity ratio of 453.32, a current ratio of 0.03 and a quick ratio of 1.43.

About Accord Financial

Accord Financial is one of North America’s most dynamic commercial finance companies providing fast, versatile financing solutions for including asset-based lending, factoring, inventory finance, equipment finance (Canada), trade finance and film/media finance. By leveraging our unique combination of deep experience and independent thinking, we craft winning financial solutions for small and medium-sized businesses, simply delivered, so our clients can thrive.