Orchard Funding Group (LON:ORCH) Announces Earnings Results

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

Orchard Funding Group stock opened at GBX 77.50 ($1.02) on Wednesday. The stock has a market cap of $16.55 million and a price-to-earnings ratio of 11.23. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 92.24. The business has a 50-day simple moving average of GBX 79.60 and a 200 day simple moving average of GBX 78.46. Orchard Funding Group has a 52 week low of GBX 70 ($0.92) and a 52 week high of GBX 92 ($1.21).

The firm also recently announced a dividend, which will be paid on Friday, June 26th. Investors of record on Thursday, June 11th will be given a dividend of GBX 1 ($0.01) per share. This represents a yield of 1.29%. The ex-dividend date of this dividend is Thursday, June 11th. Orchard Funding Group’s payout ratio is 0.29%.

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

Orchard Funding Group Company Profile

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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