Accord Financial (TSE:ACD) Announces Quarterly Earnings Results

Accord Financial (TSE:ACD) announced its quarterly earnings data on Friday. The company reported C($0.06) earnings per share (EPS) for the quarter, FiscalAI reports. Accord Financial had a negative return on equity of 41.99% and a negative net margin of 48.42%.The business had revenue of C$1.08 million during the quarter.

Accord Financial Price Performance

Shares of ACD opened at C$1.35 on Friday. The business’s 50-day moving average is C$1.53 and its 200-day moving average is C$1.88. The company has a debt-to-equity ratio of 573.40, a current ratio of 1.18 and a quick ratio of 1.43. The company has a market capitalization of C$11.55 million, a price-to-earnings ratio of -0.39 and a beta of 0.17. Accord Financial has a fifty-two week low of C$1.18 and a fifty-two week high of C$3.86.

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.