Accord Financial (TSE:ACD) Reaches New 1-Year Low – Should You Sell?

Accord Financial Corp. (TSE:ACD) reached a new 52-week low on Monday . The stock traded as low as C$1.45 and last traded at C$1.45, with a volume of 11000 shares changing hands. The stock had previously closed at C$1.50.

Accord Financial Stock Up 3.4%

The business has a 50-day simple moving average of C$1.78 and a 200-day simple moving average of C$2.25. The company has a market cap of C$12.84 million, a price-to-earnings ratio of -1.97 and a beta of 0.23. The company has a debt-to-equity ratio of 453.32, a quick ratio of 1.43 and a current ratio of 0.03.

Accord Financial (TSE:ACD) last posted its quarterly earnings results on Wednesday, April 1st. The company reported C($1.39) EPS for the quarter. 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%.

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.