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

Orchard Funding Group (LON:ORCH) issued its earnings results on Monday. The company reported GBX 3.75 ($0.05) earnings per share for the quarter, Digital Look Earnings reports.

Shares of LON:ORCH remained flat at $GBX 77.50 ($1.02) on Monday. Orchard Funding Group has a 12-month low of GBX 70 ($0.92) and a 12-month high of GBX 92 ($1.21). The business has a fifty day simple moving average of GBX 79.80 and a 200 day simple moving average of GBX 78.44. The company has a market capitalization of $16.55 million and a P/E ratio of 10.06. The company has a debt-to-equity ratio of 108.44, a current ratio of 1.76 and a quick ratio of 1.76.

Separately, Liberum Capital reaffirmed a “buy” rating on shares of Orchard Funding Group in a research note on Monday.

About Orchard Funding Group

Orchard Funding Group plc, through its subsidiaries, provides insurance premium finance and professional fee funding services in the United Kingdom. It offers credit to businesses and consumers to spread the cost of their insurance premiums; and professional customized fee funding solutions to accounting firms, professionals, and small businesses to spread the costs of their professional fees.

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