Shares of Orchard Funding Group plc (LON:ORCH – Get Free Report) were down 2% during trading on Monday . The company traded as low as GBX 24 ($0.30) and last traded at GBX 25 ($0.31). Approximately 70,360 shares traded hands during trading, an increase of 34% from the average daily volume of 52,478 shares. The stock had previously closed at GBX 25.50 ($0.32).
Orchard Funding Group Trading Down 2.0 %
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 stock has a market cap of £5.34 million, a price-to-earnings ratio of 357.14 and a beta of -0.13. The business’s 50 day moving average is GBX 26.11 and its 200 day moving average is GBX 27.35.
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.
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