Orchard Funding Group (LON:ORCH) Issues Quarterly Earnings Results

Orchard Funding Group (LON:ORCH) announced its earnings results on Tuesday. The company reported GBX 8.86 EPS for the quarter, Digital Look Earnings reports. Orchard Funding Group had a return on equity of 14.71% and a net margin of 31.38%.

Orchard Funding Group Trading Up 3.0%

LON ORCH traded up GBX 2 during trading hours on Thursday, reaching GBX 68. The company had a trading volume of 45,692 shares, compared to its average volume of 43,502. The stock has a 50-day moving average of GBX 61.43 and a 200 day moving average of GBX 59.28. The company has a current ratio of 3.10, a quick ratio of 1.86 and a debt-to-equity ratio of 145.04. Orchard Funding Group has a 1-year low of GBX 50 and a 1-year high of GBX 68.50. The stock has a market capitalization of £14.52 million, a P/E ratio of 4.73 and a beta of -0.13.

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.