Accord Financial (TSE:ACD) Posts Quarterly Earnings Results

Accord Financial (TSE:ACD) posted its quarterly earnings results on Monday. The company reported C($0.28) earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of C$7.25 million during the quarter. Accord Financial had a negative return on equity of 10.58% and a negative net margin of 11.55%.

Accord Financial Stock Performance

ACD traded up C$0.06 during trading on Wednesday, reaching C$2.90. The company had a trading volume of 1,400 shares, compared to its average volume of 2,015. The firm’s 50-day simple moving average is C$3.36 and its 200 day simple moving average is C$3.39. The company has a market cap of C$24.82 million, a price-to-earnings ratio of -5.09 and a beta of 0.15. Accord Financial has a 12-month low of C$2.75 and a 12-month high of C$4.09.

Accord Financial Company Profile

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.