Accord Financial (TSE:ACD) Reaches New 1-Year Low – Here’s Why

Accord Financial Corp. (TSE:ACDGet Free Report)’s share price reached a new 52-week low during trading on Monday . The company traded as low as C$0.97 and last traded at C$1.07, with a volume of 57375 shares. The stock had previously closed at C$1.21.

Accord Financial Stock Performance

The stock has a 50 day moving average of C$1.45 and a 200 day moving average of C$1.80. The company has a quick ratio of 1.43, a current ratio of 1.79 and a debt-to-equity ratio of 279.35. The company has a market capitalization of C$9.93 million, a price-to-earnings ratio of -0.33 and a beta of 0.17.

Accord Financial (TSE:ACDGet Free Report) last posted its quarterly earnings data on Friday, May 15th. The company reported C($0.06) EPS for the quarter. The company had revenue of C$4.26 million during the quarter. Accord Financial had a negative return on equity of 50.82% and a negative net margin of 59.84%.

About Accord Financial

(Get Free Report)

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.

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