Accord Financial (TSE:ACD) Stock Price Crosses Above 50 Day Moving Average – Time to Sell?

Accord Financial Corp. (TSE:ACD) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$3.98 and traded as high as C$3.98. Accord Financial shares last traded at C$3.92, with a volume of 300 shares.

Accord Financial Stock Down 3.1 %

The firm has a fifty day simple moving average of C$3.97 and a 200 day simple moving average of C$4.06. The company has a debt-to-equity ratio of 428.28, a quick ratio of 1.43 and a current ratio of 3.64. The company has a market cap of C$32.53 million, a PE ratio of -1.92 and a beta of 1.45.

Accord Financial (TSE:ACD) last released its quarterly earnings data 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 firm had revenue of C$21.21 million for the quarter.

Accord Financial Company Profile

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.