Accord Financial (TSE:ACD) Reaches New 52-Week Low – What’s Next?

Accord Financial Corp. (TSE:ACDGet Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.53 and last traded at C$0.53, with a volume of 33107 shares trading hands. The stock had previously closed at C$0.62.

Accord Financial Price Performance

The stock has a fifty day moving average of C$1.21 and a two-hundred day moving average of C$1.61. 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 stock has a market cap of C$4.28 million, a price-to-earnings ratio of -0.13 and a beta of 0.21.

Accord Financial (TSE:ACDGet Free Report) last released its quarterly earnings data on Friday, May 15th. The company reported C($0.06) EPS for the quarter. The firm 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%.

Accord Financial Company Profile

(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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