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

Orchard Funding Group plc (LON:ORCH)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 26.74 ($0.33) and traded as high as GBX 30 ($0.37). Orchard Funding Group shares last traded at GBX 30 ($0.37), with a volume of 7,459 shares trading hands.

Orchard Funding Group Stock Up 3.4 %

The company has a quick ratio of 1.86, a current ratio of 1.73 and a debt-to-equity ratio of 210.85. The firm has a 50-day moving average of GBX 26.74 and a two-hundred day moving average of GBX 26.56. The company has a market capitalization of £6.41 million, a PE ratio of 428.57 and a beta of -0.13.

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.