Orchard Funding Group (LON:ORCH) Reaches New 1-Year High – Should You Buy?

Shares of Orchard Funding Group plc (LON:ORCH) hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 65 and last traded at GBX 64.40, with a volume of 34536 shares. The stock had previously closed at GBX 62.51.

Orchard Funding Group Stock Performance

The stock has a fifty day moving average of GBX 59.75 and a 200-day moving average of GBX 58.60. The company has a debt-to-equity ratio of 145.04, a quick ratio of 1.86 and a current ratio of 3.10. The company has a market cap of £13.56 million, a PE ratio of 4.42 and a beta of -0.13.

Orchard Funding Group (LON:ORCH) last announced its quarterly earnings data on Thursday, June 25th. The company reported GBX 15.36 EPS for the quarter. Orchard Funding Group had a return on equity of 14.71% and a net margin of 31.38%.The company had revenue of GBX 1,086 million for the quarter. Sell-side analysts anticipate that Orchard Funding Group plc will post 6.58 EPS for the current fiscal year.

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.