Orchard Funding Group (LON:ORCH) Hits New 1-Year High – Here’s Why

Orchard Funding Group plc (LON:ORCH)’s stock price hit a new 52-week high on Thursday. The stock traded as high as GBX 68.80 and last traded at GBX 68, with a volume of 45,691 shares changing hands. The stock had previously closed at GBX 66.

Orchard Funding Group Trading Up 3.0%

The firm has a market capitalization of £14.62 million, a P/E ratio of 4.77 and a beta of -0.13. The stock’s 50-day simple moving average is GBX 61.60 and its two-hundred day simple moving average is GBX 59.44. The company has a debt-to-equity ratio of 135.25, a current ratio of 3.12 and a quick ratio of 1.86.

Orchard Funding Group (LON:ORCH) last announced its quarterly earnings data on Tuesday, October 13th. The company reported GBX 8.86 earnings per share (EPS) for the quarter. Orchard Funding Group had a net margin of 35.27% and a return on equity of 15.18%. Equities research analysts expect that Orchard Funding Group plc will post 6.58 EPS for the current year.

About Orchard Funding Group

Orchard Funding Group plc, through its subsidiaries, provides insurance premium finance, professional fee funding, finance, and secured property lending services in the United Kingdom. It operates in two segments, Standard Lending and Toyota Products. The company offers credit to businesses and consumers for spreading the cost of their insurance premiums; and professional customized fee funding solutions to accounting firms, professionals, and small businesses to provide extended credit to their business clients.