Accord Financial (TSE:ACD) Shares Pass Below 200-Day Moving Average – Here’s What Happened

Accord Financial Corp. (TSE:ACD)’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$2.49 and traded as low as C$1.94. Accord Financial shares last traded at C$1.95, with a volume of 2,201 shares traded.

Accord Financial Price Performance

The company has a market capitalization of C$16.69 million, a price-to-earnings ratio of -2.57 and a beta of -0.05. The company has a current ratio of 0.03, a quick ratio of 1.43 and a debt-to-equity ratio of 453.32. The company has a 50 day moving average price of C$1.82 and a 200 day moving average price of C$2.49.

Accord Financial Company Profile

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.