Accord Financial (TSE:ACD) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Accord Financial Corp. (TSE:ACD) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$3.99 and traded as low as C$3.71. Accord Financial shares last traded at C$3.71, with a volume of 2,900 shares changing hands.

Accord Financial Stock Down 3.1 %

The firm has a market cap of C$31.75 million, a P/E ratio of -3.59 and a beta of 1.45. The business has a fifty day moving average of C$3.86 and a 200 day moving average of C$3.99.

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.