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

Accord Financial Corp. (TSE:ACDGet Free Report) shares hit a new 52-week low during trading on Monday . The company traded as low as C$1.99 and last traded at C$2.03, with a volume of 10050 shares trading hands. The stock had previously closed at C$2.16.

Accord Financial Trading Down 6.0%

The firm’s 50 day moving average price is C$3.12 and its two-hundred day moving average price is C$3.33. The company has a market capitalization of C$17.37 million, a price-to-earnings ratio of -2.67 and a beta of 0.15.

Accord Financial (TSE:ACDGet Free Report) last posted its quarterly earnings results on Monday, November 10th. The company reported C($0.22) EPS for the quarter. The business had revenue of C$7.25 million for the quarter. Accord Financial had a negative return on equity of 10.58% and a negative net margin of 11.55%.

Accord Financial Company Profile

(Get Free Report)

Accord Financial Corp. is a Canada-based commercial finance company serving clients throughout the United States and Canada. The Company operates six finance companies in North America, namely, Accord Financial Ltd. (AFL), Accord Financial Inc (AFIC) and Accord Financial Canada Corp. (AFCC) in Canada, and Accord Financial, Inc (AFIU), BondIt Media Capital (BondIt) and Accord Equipment Finance (AEF) in the United States.

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