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

Orchard Funding Group (LON:ORCH) released its earnings results on Tuesday. The company reported GBX 8.86 earnings per share 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%

Shares of LON ORCH traded up GBX 2 during mid-day trading on Thursday, hitting GBX 68. The company’s stock had a trading volume of 45,691 shares, compared to its average volume of 43,502. Orchard Funding Group has a one year low of GBX 50 and a one year high of GBX 68.50. The company’s fifty day simple moving average is GBX 61.43 and its 200-day simple moving average is GBX 59.28. The company has a debt-to-equity ratio of 145.04, a current ratio of 3.10 and a quick ratio of 1.86. The stock has a market cap of £14.52 million, a price-to-earnings ratio of 4.73 and a beta of -0.13.

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.