Accord Financial (TSE:ACD) Stock Price Passes Below Two Hundred Day Moving Average – What’s Next?

Accord Financial Corp. (TSE:ACDGet Free Report)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$1.42 and traded as low as C$0.55. Accord Financial shares last traded at C$0.55, with a volume of 1,000 shares changing hands.

Accord Financial Stock Down 1.8%

The stock has a market cap of C$4.71 million, a PE ratio of -0.15 and a beta of 0.21. The company has a current ratio of 1.79, a quick ratio of 1.43 and a debt-to-equity ratio of 279.35. The business has a 50-day moving average price of C$0.91 and a 200-day moving average price of C$1.42.

Accord Financial (TSE:ACDGet Free Report) last released its quarterly earnings results on Friday, May 15th. The company reported C($0.06) earnings per share (EPS) for the quarter. The company had revenue of C$4.25 million during the quarter. Accord Financial had a negative net margin of 59.84% and a negative return on equity of 50.82%.

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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