Orchard Funding Group (LON:ORCH) Hits New 12-Month High – Still a Buy?

Orchard Funding Group plc (LON:ORCH) shares hit a new 52-week high on Tuesday. The stock traded as high as GBX 69 and last traded at GBX 69, with a volume of 74,498 shares. The stock had previously closed at GBX 66.

Orchard Funding Group Trading Up 4.5%

The stock has a market capitalization of £14.73 million, a PE ratio of 4.80 and a beta of -0.13. The business’s 50-day moving average is GBX 62.19 and its two-hundred day moving average is GBX 59.72. 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 posted its quarterly earnings results on Tuesday, October 13th. The company reported GBX 8.86 earnings per share for the quarter. Orchard Funding Group had a return on equity of 15.18% and a net margin of 35.27%. As a group, equities research analysts anticipate that Orchard Funding Group plc will post 6.58 earnings per share 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.