Accord Financial (TSE:ACD) Posts Earnings Results

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

Accord Financial Price Performance

ACD stock opened at C$0.70 on Friday. The company has a market capitalization of C$5.99 million, a P/E ratio of -0.19 and a beta of 0.13. The company has a debt-to-equity ratio of 279.35, a quick ratio of 1.43 and a current ratio of 1.79. Accord Financial has a 52-week low of C$0.50 and a 52-week high of C$3.86. The business has a 50-day simple moving average of C$0.61 and a two-hundred day simple moving average of C$1.20.

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.