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

Orchard Funding Group (LON:ORCH) announced its quarterly 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 net margin of 31.38% and a return on equity of 14.71%.

Orchard Funding Group Stock Up 6.3%

Shares of LON:ORCH traded up GBX 3.91 during midday trading on Wednesday, hitting GBX 65.91. 98,763 shares of the company’s stock traded hands, compared to its average volume of 43,408. The firm’s fifty day moving average price is GBX 61.36 and its two-hundred day moving average price is GBX 59.20. The company has a debt-to-equity ratio of 145.04, a quick ratio of 1.86 and a current ratio of 3.10. Orchard Funding Group has a twelve month low of GBX 50 and a twelve month high of GBX 68.50. The company has a market cap of £14.07 million, a PE ratio of 4.59 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.