Orchard Funding Group (LON:ORCH) Posts Earnings Results

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

Orchard Funding Group Price Performance

ORCH traded up GBX 3.60 during trading on Thursday, hitting GBX 60.78. 122,337 shares of the company traded hands, compared to its average volume of 45,517. The company has a market cap of £12.98 million, a PE ratio of 4.23 and a beta of -0.13. Orchard Funding Group has a 1 year low of GBX 50 and a 1 year high of GBX 68. The company has a current ratio of 2.94, a quick ratio of 1.86 and a debt-to-equity ratio of 152.53. The stock’s 50-day simple moving average is GBX 56.23 and its two-hundred day simple moving average is GBX 58.05.

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.