Accord Financial (TSE:ACD) Reaches New 1-Year Low – Here’s What Happened

Accord Financial Corp. (TSE:ACDGet Free Report)’s stock price hit a new 52-week low during trading on Monday . The company traded as low as C$0.53 and last traded at C$0.53, with a volume of 33107 shares. The stock had previously closed at C$0.62.

Accord Financial Stock Down 17.7%

The stock’s fifty day moving average price is C$1.25 and its 200 day moving average price is C$1.65. The stock has a market cap of C$4.37 million, a P/E ratio of -0.14 and a beta of 0.21. The company has a current ratio of 1.79, a quick ratio of 1.43 and a debt-to-equity ratio of 279.35.

Accord Financial (TSE:ACDGet Free Report) last issued its quarterly earnings results on Friday, May 15th. The company reported C($0.06) EPS for the quarter. The company had revenue of C$4.26 million during the quarter. Accord Financial had a negative return on equity of 50.82% and a negative net margin of 59.84%.

About Accord Financial

(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.

Further Reading

Receive News & Ratings for Accord Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Accord Financial and related companies with MarketBeat.com's FREE daily email newsletter.