Accord Financial (TSE:ACD) Issues Earnings Results

Accord Financial (TSE:ACD) issued its earnings results on Friday. The company reported C($0.16) earnings per share for the quarter, FiscalAI reports. The company had revenue of C$4.11 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 Stock Performance

Shares of Accord Financial stock remained flat at C$0.70 during trading on Friday. The company’s 50-day moving average is C$0.61 and its 200-day moving average is C$1.21. The company has a market cap of C$5.99 million, a P/E ratio of -0.19 and a beta of 0.13. The company has a quick ratio of 1.43, a current ratio of 1.79 and a debt-to-equity ratio of 279.35. Accord Financial has a 52-week low of C$0.50 and a 52-week high of C$3.86.

About Accord Financial

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.