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

Orchard Funding Group plc (LON:ORCH) shares hit a new 52-week high during mid-day trading on Wednesday. The company traded as high as GBX 69 and last traded at GBX 66.56, with a volume of 55,045 shares traded. The stock had previously closed at GBX 67.50.

Orchard Funding Group Price Performance

The company has a 50 day moving average of GBX 61.85 and a 200 day moving average of GBX 59.68. 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 firm has a market cap of £14.21 million, a price-to-earnings ratio of 4.63 and a beta of -0.13.

Orchard Funding Group (LON:ORCH) last released its quarterly earnings results on Tuesday, October 13th. The company reported GBX 8.86 earnings per share for the quarter. Orchard Funding Group had a return on equity of 15.18% and a net margin of 35.27%. Equities research analysts predict 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.