Orchard Funding Group (LON:ORCH) Hits New 52-Week High – What’s Next?

Shares of Orchard Funding Group plc (LON:ORCH) hit a new 52-week high during trading on Wednesday. The company traded as high as GBX 73 and last traded at GBX 72.96, with a volume of 61,524 shares traded. The stock had previously closed at GBX 69.50.

Orchard Funding Group Stock Up 5.0%

The company has a current ratio of 3.13, a quick ratio of 1.86 and a debt-to-equity ratio of 135.25. The company has a market capitalization of £15.58 million, a price-to-earnings ratio of 5.08 and a beta of -0.13. The firm’s fifty day simple moving average is GBX 63.12 and its two-hundred day simple moving average is GBX 60.06.

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

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.