Accord Financial (TSE:ACD) Reaches New 52-Week Low at $4.00

Accord Financial Corp. (TSE:ACD) shares hit a new 52-week low during trading on Thursday . The company traded as low as C$4.00 and last traded at C$4.00, with a volume of 5322 shares traded. The stock had previously closed at C$4.10.

Accord Financial Stock Performance

The company has a debt-to-equity ratio of 466.99, a quick ratio of 1.43 and a current ratio of 1.26. The stock has a market capitalization of C$35.10 million, a P/E ratio of -2.40 and a beta of 1.50. The business has a 50-day moving average price of C$4.58 and a 200 day moving average price of C$4.72.

Accord Financial (TSE:ACD) last released its earnings results on Monday, March 25th. The company reported C$0.43 EPS for the quarter. Accord Financial had a negative return on equity of 15.77% and a negative net margin of 50.66%. The firm had revenue of C$23.90 million for the quarter.

Accord Financial Company Profile

Accord Financial Corp., through its subsidiaries, provides asset-based financial services to industrial and commercial enterprises primarily in Canada and the United States. It is involved in the asset-based lending, which entails financing or purchasing receivables on a recourse basis, as well as financing other tangible assets, such as inventory and equipment; and provision of lease and equipment, working capital, and film and media production financing, as well as credit guarantees and collection services.