Orchard Funding Group (LON:ORCH) Releases Quarterly Earnings Results

Orchard Funding Group (LON:ORCH) released its quarterly earnings data on Monday. The company reported GBX 7.15 ($0.09) earnings per share for the quarter, Digital Look Earnings reports. Orchard Funding Group had a return on equity of 8.62% and a net margin of 23.07%.

Orchard Funding Group Trading Up 12.3 %

ORCH opened at GBX 32 ($0.41) on Monday. The company’s 50 day moving average is GBX 28.60 and its 200-day moving average is GBX 27.15. The company has a market cap of £6.83 million, a P/E ratio of 457.14 and a beta of -0.13. Orchard Funding Group has a 1-year low of GBX 14 ($0.18) and a 1-year high of GBX 40 ($0.52). The company has a current ratio of 1.50, a quick ratio of 1.86 and a debt-to-equity ratio of 212.80.

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.