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 on Thursday. The stock 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 stock has a market cap of £14.52 million, a P/E ratio of 4.73 and a beta of -0.13. The stock’s 50-day moving average is GBX 61.43 and its two-hundred day 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.

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