Accord Financial (TSE:ACD) Releases Earnings Results

Accord Financial (TSE:ACD) released its quarterly earnings results on Friday. The company reported C($0.16) EPS for the quarter, FiscalAI reports. Accord Financial had a negative return on equity of 50.82% and a negative net margin of 59.84%.The business had revenue of C$4.11 million during the quarter.

Accord Financial Price Performance

Shares of TSE ACD opened at C$0.70 on Friday. Accord Financial has a fifty-two week low of C$0.50 and a fifty-two week high of C$3.86. The business has a 50 day moving average price of C$0.61 and a two-hundred day moving average price of C$1.20. The company has a quick ratio of 1.43, a current ratio of 1.79 and a debt-to-equity ratio of 279.35. The firm has a market cap of C$5.99 million, a PE ratio of -0.19 and a beta of 0.13.

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.