Accord Financial (TSE:ACD) Trading Up 1% – Time to Buy?

Accord Financial Corp. (TSE:ACD) was up 1% during trading on Tuesday . The stock traded as high as C$3.97 and last traded at C$3.94. Approximately 400 shares traded hands during trading, a decline of 86% from the average daily volume of 2,919 shares. The stock had previously closed at C$3.90.

Accord Financial Stock Up 1.0 %

The firm has a 50 day moving average of C$4.07 and a 200 day moving average of C$4.08. The firm has a market cap of C$33.73 million, a price-to-earnings ratio of -1.99 and a beta of 1.45. The company has a quick ratio of 1.43, a current ratio of 3.64 and a debt-to-equity ratio of 428.28.

Accord Financial (TSE:ACD) last released its earnings results on Wednesday, November 6th. The company reported C($0.16) EPS for the quarter. Accord Financial had a negative return on equity of 18.33% and a negative net margin of 58.68%. The business had revenue of C$21.21 million for the quarter.

About Accord Financial

Accord Financial Corp., through its subsidiaries, provides asset-based financial services to industrial and commercial enterprises primarily in Canada and the United States. It is involved in the asset-based lending, which entails financing or purchasing receivables on a recourse basis, as well as financing other tangible assets, such as inventory and equipment; and provision of lease and equipment, working capital, and film and media production financing, as well as credit guarantees, investigation, protection, and collection services.