Accord Financial (TSE:ACD) Sets New 52-Week Low – Here’s What Happened

Accord Financial Corp. (TSE:ACD) hit a new 52-week low during trading on Monday . The stock traded as low as C$1.18 and last traded at C$1.20, with a volume of 10613 shares traded. The stock had previously closed at C$1.28.

Accord Financial Stock Down 1.6%

The company has a market capitalization of C$10.78 million, a PE ratio of -0.36 and a beta of 0.23. The firm’s 50-day simple moving average is C$1.72 and its 200 day simple moving average is C$2.13. The company has a debt-to-equity ratio of 573.40, a quick ratio of 1.43 and a current ratio of 1.18.

Accord Financial (TSE:ACD) last issued its earnings results on Wednesday, April 1st. The company reported C($1.39) EPS for the quarter. The company had revenue of C$5.11 million for the quarter. Accord Financial had a negative return on equity of 41.99% and a negative net margin of 48.42%.

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.