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

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

Orchard Funding Group Trading Up 3.0%

The firm has a fifty day moving average of GBX 59.40 and a 200 day moving average of GBX 58.54. The firm has a market capitalization of £13.75 million, a PE ratio of 4.48 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 data on Thursday, June 25th. The company reported GBX 15.36 earnings per share (EPS) for the quarter. Orchard Funding Group had a net margin of 31.38% and a return on equity of 14.71%. The company had revenue of GBX 1,086 million during the quarter. Equities research analysts expect that Orchard Funding Group plc will post 6.58 EPS for the current 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.