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

Accord Financial Corp. (TSE:ACD)’s share price reached a new 52-week low on Monday . The stock traded as low as C$1.45 and last traded at C$1.45, with a volume of 11000 shares. The stock had previously closed at C$1.50.

Accord Financial Stock Performance

The company has a debt-to-equity ratio of 453.32, a quick ratio of 1.43 and a current ratio of 0.03. The firm has a market cap of C$12.41 million, a P/E ratio of -1.91 and a beta of 0.23. The stock’s 50-day moving average is C$1.80 and its 200 day moving average is C$2.28.

Accord Financial (TSE:ACD) last announced its earnings results on Wednesday, April 1st. The company reported C($1.39) earnings per share for the quarter. The company had revenue of C$5.11 million during the quarter. Accord Financial had a negative return on equity of 8.24% and a negative net margin of 9.45%.

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.