Orchard Funding Group (LON:ORCH) Reaches New 12-Month High – Should You Buy?

Orchard Funding Group plc (LON:ORCH) hit a new 52-week high on Wednesday. The company traded as high as GBX 78 and last traded at GBX 76.50, with a volume of 67,010 shares trading hands. The stock had previously closed at GBX 76.50.

Orchard Funding Group Price Performance

The company has a debt-to-equity ratio of 135.25, a current ratio of 3.13 and a quick ratio of 1.86. The stock has a 50 day moving average price of GBX 64.56 and a two-hundred day moving average price of GBX 60.45. The firm has a market capitalization of £16.34 million, a price-to-earnings ratio of 5.32 and a beta of -0.13.

Orchard Funding Group (LON:ORCH) last posted its earnings results on Tuesday, October 13th. The company reported GBX 8.86 earnings per share (EPS) for the quarter. Orchard Funding Group had a return on equity of 15.18% and a net margin of 35.27%. As a group, analysts expect 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.