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

Orchard Funding Group (LON:ORCH) released its quarterly earnings results on Thursday. The company reported GBX 15.36 earnings per share (EPS) for the quarter, Digital Look Earnings reports. The business had revenue of GBX 1,086 million during the quarter. Orchard Funding Group had a return on equity of 14.61% and a net margin of 29.21%.

Orchard Funding Group Stock Performance

Shares of Orchard Funding Group stock traded up GBX 3.60 on Thursday, hitting GBX 60.78. 122,433 shares of the company’s stock were exchanged, compared to its average volume of 45,518. Orchard Funding Group has a 1 year low of GBX 50 and a 1 year high of GBX 68. The company has a 50-day simple moving average of GBX 56.23 and a 200-day simple moving average of GBX 58.05. The company has a debt-to-equity ratio of 152.53, a quick ratio of 1.86 and a current ratio of 2.94. The stock has a market capitalization of £12.98 million, a PE ratio of 4.23 and a beta of -0.13.

Orchard Funding Group Company Profile

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.