Accord Financial (TSE:ACD) Sets New 12-Month Low – What’s Next?

Shares of Accord Financial Corp. (TSE:ACD) reached a new 52-week low on Monday . The stock traded as low as C$0.97 and last traded at C$1.07, with a volume of 57375 shares traded. The stock had previously closed at C$1.21.

Accord Financial Stock Performance

The firm has a 50 day moving average of C$1.41 and a two-hundred day moving average of C$1.77. The stock has a market cap of C$6.42 million, a PE ratio of -0.21 and a beta of 0.17. The company has a debt-to-equity ratio of 279.35, a current ratio of 1.79 and a quick ratio of 1.43.

Accord Financial (TSE:ACD) last posted its earnings results on Friday, May 15th. The company reported C($0.06) earnings per share for the quarter. The business had revenue of C$4.26 million for 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

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.