Orchard Funding Group (LON:ORCH) Share Price Passes Above Fifty Day Moving Average – What’s Next?

Orchard Funding Group plc (LON:ORCHGet Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 25.10 ($0.33) and traded as high as GBX 26.50 ($0.34). Orchard Funding Group shares last traded at GBX 26.20 ($0.34), with a volume of 20,000 shares trading hands.

Orchard Funding Group Price Performance

The company has a debt-to-equity ratio of 210.85, a quick ratio of 1.86 and a current ratio of 1.73. The stock has a market capitalization of £5.59 million, a PE ratio of 374.29 and a beta of -0.13. The company’s fifty day simple moving average is GBX 25.17 and its two-hundred day simple moving average is GBX 27.69.

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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