Orchard Funding Group (LON:ORCH) Hits New 52-Week High – Time to Buy?

Orchard Funding Group plc (LON:ORCH) reached a new 52-week high on Monday . The stock traded as high as GBX 65 and last traded at GBX 64.12, with a volume of 67171 shares trading hands. The stock had previously closed at GBX 64.50.

Orchard Funding Group Stock Up 0.7%

The company has a market cap of £13.34 million, a P/E ratio of 4.35 and a beta of -0.13. The company has a quick ratio of 1.86, a current ratio of 3.10 and a debt-to-equity ratio of 145.04. The company has a fifty day moving average of GBX 60.59 and a 200 day moving average of GBX 58.72.

Orchard Funding Group (LON:ORCH) last posted its earnings results on Thursday, June 25th. The company reported GBX 15.36 earnings per share for the quarter. The company had revenue of GBX 1,086 million for the quarter. Orchard Funding Group had a return on equity of 14.71% and a net margin of 31.38%. On average, research analysts anticipate that Orchard Funding Group plc will post 6.58 earnings per share for the current fiscal year.

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.