Accord Financial (TSE:ACD) Sets New 52-Week Low – Should You Sell?

Accord Financial Corp. (TSE:ACDGet Free Report) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as C$1.50 and last traded at C$1.50, with a volume of 5601 shares traded. The stock had previously closed at C$1.50.

Accord Financial Stock Performance

The company’s 50 day simple moving average is C$2.73 and its 200 day simple moving average is C$3.22. The stock has a market capitalization of C$12.84 million, a PE ratio of -1.97 and a beta of -0.03.

Accord Financial (TSE:ACDGet Free Report) last issued its quarterly earnings results on Monday, November 10th. The company reported C($0.22) earnings per share for the quarter. The business had revenue of C$7.25 million for the quarter. Accord Financial had a negative return on equity of 10.58% and a negative net margin of 11.55%.

About Accord Financial

(Get Free Report)

Accord Financial Corp. is a Canada-based commercial finance company serving clients throughout the United States and Canada. The Company operates six finance companies in North America, namely, Accord Financial Ltd. (AFL), Accord Financial Inc (AFIC) and Accord Financial Canada Corp. (AFCC) in Canada, and Accord Financial, Inc (AFIU), BondIt Media Capital (BondIt) and Accord Equipment Finance (AEF) in the United States.

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