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

Orchard Funding Group (LON:ORCH) released its quarterly 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 15.18% and a net margin of 35.27%.

Orchard Funding Group Stock Performance

ORCH stock traded up GBX 1.98 on Friday, hitting GBX 68.48. The company had a trading volume of 20,032 shares, compared to its average volume of 43,351. The stock’s 50-day simple moving average is GBX 61.60 and its 200 day simple moving average is GBX 59.44. The stock has a market cap of £14.62 million, a price-to-earnings ratio of 4.77 and a beta of -0.13. The company has a current ratio of 3.12, a quick ratio of 1.86 and a debt-to-equity ratio of 135.25. Orchard Funding Group has a 12-month low of GBX 50 and a 12-month high of GBX 69.

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.