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

Orchard Funding Group (LON:ORCH) released its quarterly earnings results on Thursday. The company reported GBX 15.36 EPS for the quarter, Digital Look Earnings reports. The firm had revenue of GBX 1,086 million for the quarter. Orchard Funding Group had a return on equity of 14.61% and a net margin of 29.21%.

Orchard Funding Group Trading Up 1.2%

LON ORCH opened at GBX 60.74 on Friday. The company’s fifty day simple moving average is GBX 56.28 and its 200-day simple moving average is GBX 58.05. Orchard Funding Group has a 52 week low of GBX 50 and a 52 week high of GBX 65. The company has a current ratio of 2.94, a quick ratio of 1.86 and a debt-to-equity ratio of 152.53. The stock has a market cap of £12.97 million, a P/E ratio of 4.23 and a beta of -0.13.

Orchard Funding Group Company Profile

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.