Orchard Funding Group (LON:ORCH) Sets New 52-Week High – Should You Buy?

Orchard Funding Group plc (LON:ORCH)’s share price hit a new 52-week high during trading on Thursday. The company traded as high as GBX 68.80 and last traded at GBX 68, with a volume of 45,691 shares. The stock had previously closed at GBX 66.

Orchard Funding Group Trading Up 3.0%

The company has a market capitalization of £14.52 million, a P/E ratio of 4.73 and a beta of -0.13. The company has a debt-to-equity ratio of 145.04, a quick ratio of 1.86 and a current ratio of 3.10. The stock has a fifty day moving average of GBX 61.43 and a 200 day moving average of GBX 59.28.

Orchard Funding Group (LON:ORCH) last released 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 return on equity of 14.71% and a net margin of 31.38%. As a group, equities research analysts anticipate that Orchard Funding Group plc will post 6.58 EPS for the current fiscal 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.