Orchard Funding Group (LON:ORCH) Hits New 12-Month High – What’s Next?

Orchard Funding Group plc (LON:ORCH)’s share price reached a new 52-week high on Wednesday. The company traded as high as GBX 78 and last traded at GBX 76.50, with a volume of 67,010 shares traded. The stock had previously closed at GBX 76.50.

Orchard Funding Group Price Performance

The company has a debt-to-equity ratio of 135.25, a current ratio of 3.13 and a quick ratio of 1.86. The stock’s fifty day simple moving average is GBX 65.22 and its 200-day simple moving average is GBX 60.62. The company has a market capitalization of £16.37 million, a P/E ratio of 5.34 and a beta of -0.13.

Orchard Funding Group (LON:ORCH) last issued its quarterly earnings results on Tuesday, October 13th. The company reported GBX 8.86 earnings per share (EPS) for the quarter. Orchard Funding Group had a return on equity of 15.18% and a net margin of 35.27%. On average, equities analysts forecast that Orchard Funding Group plc will post 6.58 earnings per share for the current fiscal 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.