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

Orchard Funding Group plc (LON:ORCH)’s stock price hit a new 52-week high during mid-day trading on Wednesday. The company traded as high as GBX 69 and last traded at GBX 66.56, with a volume of 55,045 shares trading hands. The stock had previously closed at GBX 67.50.

Orchard Funding Group Price Performance

The stock has a market cap of £14.01 million, a P/E ratio of 4.57 and a beta of -0.13. The business has a 50 day simple moving average of GBX 61.99 and a 200-day simple moving average of GBX 59.85. The company has a debt-to-equity ratio of 135.25, a quick ratio of 1.86 and a current ratio of 3.13.

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