Shares of Accord Financial Corp. (TSE:ACD) hit a new 52-week low during trading on Wednesday . The company traded as low as C$8.48 and last traded at C$8.48, with a volume of 8003 shares traded. The stock had previously closed at C$8.55.
The company has a market capitalization of $72.04 million and a price-to-earnings ratio of 6.71. The business has a fifty day moving average price of C$9.01 and a 200 day moving average price of C$9.63. The company has a debt-to-equity ratio of 311.28, a current ratio of 1.42 and a quick ratio of 1.42.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.09 per share. The ex-dividend date of this dividend was Wednesday, August 14th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 4.24%. Accord Financial’s dividend payout ratio (DPR) is presently 28.41%.
Accord Financial Corp., through its subsidiaries, provides asset-based financial services to industrial and commercial enterprises primarily in Canada and the United States. The company 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 generally without financing.
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