Accord Financial (TSE:ACD) Stock Passes Below 200-Day Moving Average – Here’s Why

Accord Financial Corp. (TSE:ACDGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$3.96 and traded as low as C$3.73. Accord Financial shares last traded at C$3.73, with a volume of 300 shares trading hands.

Accord Financial Stock Performance

The company has a market cap of C$31.84 million, a PE ratio of -3.60 and a beta of 1.45. The company has a fifty day moving average of C$3.83 and a two-hundred day moving average of C$3.96.

About Accord Financial

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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.

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