Orchard Funding Group (LON:ORCH) Stock Passes Below 200 Day Moving Average – Here’s Why

Orchard Funding Group plc (LON:ORCHGet Free Report) shares passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 26.66 ($0.34) and traded as low as GBX 26 ($0.33). Orchard Funding Group shares last traded at GBX 27.74 ($0.35), with a volume of 5,394 shares.

Orchard Funding Group Stock Performance

The company’s 50 day moving average price is GBX 25.66 and its 200-day moving average price is GBX 26.66. The stock has a market cap of £5.76 million, a P/E ratio of 385.71 and a beta of -0.13. The company has a debt-to-equity ratio of 210.85, a quick ratio of 1.86 and a current ratio of 1.73.

About Orchard Funding Group

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Orchard Funding Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orchard Funding Group and related companies with MarketBeat.com's FREE daily email newsletter.