Accord Financial (TSE:ACD) Posts Quarterly Earnings Results

Accord Financial (TSE:ACD) posted its earnings results on Wednesday. The company reported C($1.39) EPS for the quarter, FiscalAI reports. Accord Financial had a negative return on equity of 8.24% and a negative net margin of 9.45%.The firm had revenue of C$5.11 million during the quarter.

Accord Financial Stock Performance

Shares of ACD stock remained flat at C$1.50 during mid-day trading on Thursday. 3,101 shares of the stock were exchanged, compared to its average volume of 2,881. The company has a debt-to-equity ratio of 453.32, a quick ratio of 1.43 and a current ratio of 0.03. The firm’s fifty day moving average is C$1.81 and its 200-day moving average is C$2.31. Accord Financial has a 52 week low of C$1.45 and a 52 week high of C$3.86. The company has a market capitalization of C$12.84 million, a P/E ratio of -1.97 and a beta of -0.05.

About Accord Financial

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.