Accord Financial (TSE:ACD) Stock Price Crosses Above 50-Day Moving Average – Here’s What Happened

Accord Financial Corp. (TSE:ACDGet Free Report) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$0.61 and traded as high as C$0.70. Accord Financial shares last traded at C$0.70, with a volume of 2,500 shares trading hands.

Accord Financial Stock Performance

The company has a market capitalization of C$5.99 million, a PE ratio of -0.19 and a beta of 0.13. The company’s fifty day moving average is C$0.61 and its 200-day moving average is C$1.22. 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:ACDGet Free Report) last posted its earnings results on Friday, May 15th. The company reported C($0.06) earnings per share for the quarter. The company had revenue of C$4.25 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

(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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