Accord Financial (TSE:ACD) Stock Passes Above 50-Day Moving Average of $4.13

Shares of Accord Financial Corp. (TSE:ACD) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$4.13 and traded as high as C$4.31. Accord Financial shares last traded at C$4.31, with a volume of 1,001 shares.

Accord Financial Price Performance

The firm has a market cap of C$36.89 million, a P/E ratio of -2.18 and a beta of 1.45. The firm’s fifty day simple moving average is C$4.13 and its 200 day simple moving average is C$4.33. The company has a debt-to-equity ratio of 428.28, a quick ratio of 1.43 and a current ratio of 3.64.

Accord Financial (TSE:ACD) last posted its earnings results on Thursday, August 8th. The company reported C($0.09) EPS for the quarter. Accord Financial had a negative return on equity of 18.33% and a negative net margin of 58.68%. The firm had revenue of C$19.96 million during 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.