Accord Financial (TSE:ACD) Reaches New 12-Month Low – Time to Sell?

Accord Financial Corp. (TSE:ACDGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$2.11 and last traded at C$2.13, with a volume of 21012 shares. The stock had previously closed at C$2.30.

Accord Financial Trading Down 8.7%

The firm has a market capitalization of C$17.97 million, a P/E ratio of -2.76 and a beta of 0.15. The stock has a 50-day simple moving average of C$3.21 and a two-hundred day simple moving average of C$3.35.

Accord Financial (TSE:ACDGet Free Report) last released its quarterly earnings data on Monday, November 10th. The company reported C($0.28) earnings per share for the quarter. Accord Financial had a negative return on equity of 10.58% and a negative net margin of 11.55%.The business had revenue of C$7.25 million during the quarter.

Accord Financial Company Profile

(Get Free Report)

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.

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