Orchard Funding Group (LON:ORCH) Shares Cross Below Fifty Day Moving Average – Here’s Why

Orchard Funding Group plc (LON:ORCHGet Free Report) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 59.55 and traded as low as GBX 59. Orchard Funding Group shares last traded at GBX 59, with a volume of 2,692 shares.

Orchard Funding Group Stock Up 0.3%

The firm has a market capitalization of £12.85 million, a price-to-earnings ratio of 4.19 and a beta of -0.13. The company has a current ratio of 1.50, a quick ratio of 1.86 and a debt-to-equity ratio of 212.80. The firm has a fifty day moving average price of GBX 59.57 and a 200 day moving average price of GBX 59.41.

Orchard Funding Group Company Profile

(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.

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