Orchard Funding Group (LON:ORCH) Stock Price Up 19.3%

Shares of Orchard Funding Group plc (LON:ORCHGet Free Report) shot up 19.3% on Tuesday . The company traded as high as GBX 40 ($0.51) and last traded at GBX 33.40 ($0.42). 188,953 shares traded hands during trading, an increase of 137% from the average session volume of 79,709 shares. The stock had previously closed at GBX 28 ($0.36).

Orchard Funding Group Trading Up 3.2 %

The stock has a market capitalization of £6.83 million, a price-to-earnings ratio of 457.14 and a beta of -0.09. The company has a debt-to-equity ratio of 210.85, a current ratio of 1.73 and a quick ratio of 1.86. The business’s 50-day simple moving average is GBX 29.55 and its two-hundred day simple moving average is GBX 27.93.

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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