Orchard Funding Group (LON:ORCH) Reaches New 52-Week High – Still a Buy?

Shares of Orchard Funding Group plc (LON:ORCH) reached a new 52-week high on Monday . The company traded as high as GBX 65 and last traded at GBX 64.12, with a volume of 67171 shares changing hands. The stock had previously closed at GBX 64.50.

Orchard Funding Group Price Performance

The business’s 50-day moving average price is GBX 60.28 and its 200 day moving average price is GBX 58.68. The stock has a market capitalization of £13.69 million, a PE ratio of 4.46 and a beta of -0.13. 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 (LON:ORCH) last issued its quarterly earnings results on Thursday, June 25th. The company reported GBX 15.36 earnings per share (EPS) for the quarter. Orchard Funding Group had a return on equity of 14.71% and a net margin of 31.38%.The firm had revenue of GBX 1,086 million during the quarter. Research analysts forecast that Orchard Funding Group plc will post 6.58 earnings per share 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.