Orchard Funding Group (LON:ORCH) Share Price Crosses Above 50-Day Moving Average – Here’s What Happened

Orchard Funding Group plc (LON:ORCHGet Free Report) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 59.90 and traded as high as GBX 61. Orchard Funding Group shares last traded at GBX 60.45, with a volume of 30,943 shares traded.

Orchard Funding Group Price Performance

The firm has a market cap of £12.91 million, a price-to-earnings ratio of 4.21 and a beta of -0.13. The company has a debt-to-equity ratio of 212.80, a quick ratio of 1.86 and a current ratio of 1.50. The business has a 50 day simple moving average of GBX 59.90 and a 200-day simple moving average of GBX 59.32.

Orchard Funding Group Company Profile

(Get Free Report)

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.

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