Accord Financial (TSE:ACD) Share Price Passes Below 200-Day Moving Average – Time to Sell?

Accord Financial Corp. (TSE:ACD) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$1.42 and traded as low as C$0.55. Accord Financial shares last traded at C$0.55, with a volume of 1,000 shares trading hands.

Accord Financial Trading Down 1.8%

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 company’s 50-day moving average is C$0.91 and its 200 day moving average is C$1.42. The company has a market cap of C$4.71 million, a price-to-earnings ratio of -0.15 and a beta of 0.21.

Accord Financial (TSE:ACD) last posted its earnings results on Friday, May 15th. The company reported C($0.06) earnings per share (EPS) for the quarter. Accord Financial had a negative return on equity of 50.82% and a negative net margin of 59.84%.The firm had revenue of C$4.25 million for the quarter.

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.