Orchard Funding Group (LON:ORCH) Hits New 12-Month High – Still a Buy?

Orchard Funding Group plc (LON:ORCH)’s stock price hit a new 52-week high during trading on Tuesday. The stock traded as high as GBX 69 and last traded at GBX 69, with a volume of 74,498 shares traded. The stock had previously closed at GBX 66.

Orchard Funding Group Price Performance

The stock has a market capitalization of £14.73 million, a price-to-earnings ratio of 4.80 and a beta of -0.13. The company has a current ratio of 3.13, a quick ratio of 1.86 and a debt-to-equity ratio of 135.25. The company’s 50 day moving average is GBX 62.19 and its 200 day moving average is GBX 59.72.

Orchard Funding Group (LON:ORCH) last released its quarterly earnings data 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 35.27% and a return on equity of 15.18%. Research 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.