Orchard Funding Group (LON:ORCH) Issues Quarterly Earnings Results

Orchard Funding Group (LON:ORCH) issued its earnings results on Tuesday. The company reported GBX 8.86 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Orchard Funding Group had a net margin of 31.38% and a return on equity of 14.71%.

Orchard Funding Group Price Performance

LON ORCH opened at GBX 66 on Wednesday. The business’s fifty day moving average price is GBX 61.36 and its 200-day moving average price is GBX 59.20. The stock has a market capitalization of £14.09 million, a price-to-earnings ratio of 4.59 and a beta of -0.13. The company has a debt-to-equity ratio of 145.04, a current ratio of 3.10 and a quick ratio of 1.86. Orchard Funding Group has a 1-year low of GBX 50 and a 1-year high of GBX 68.50.

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.