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

Orchard Funding Group (LON:ORCH) announced its quarterly earnings data on Monday. The company reported GBX 7.15 ($0.09) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Orchard Funding Group had a net margin of 23.07% and a return on equity of 8.62%.

Orchard Funding Group Trading Up 12.3 %

Shares of ORCH opened at GBX 32 ($0.41) on Monday. The stock’s 50-day moving average price is GBX 28.60 and its 200 day moving average price is GBX 27.15. The company has a quick ratio of 1.86, a current ratio of 1.50 and a debt-to-equity ratio of 212.80. The firm has a market capitalization of £6.83 million, a price-to-earnings ratio of 457.14 and a beta of -0.13. Orchard Funding Group has a 12-month low of GBX 14 ($0.18) and a 12-month high of GBX 40 ($0.52).

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.