Orchard Funding Group (LON:ORCH) Stock Passes Below 50 Day Moving Average – Should You Sell?

Orchard Funding Group plc (LON:ORCH)’s share price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 29.05 ($0.37) and traded as low as GBX 28 ($0.35). Orchard Funding Group shares last traded at GBX 30 ($0.38), with a volume of 101 shares.

Orchard Funding Group Stock Performance

The company has a quick ratio of 1.86, a current ratio of 1.50 and a debt-to-equity ratio of 212.80. The stock has a market cap of £6.19 million, a price-to-earnings ratio of 414.29 and a beta of -0.13. The company’s 50-day simple moving average is GBX 29.10 and its 200-day simple moving average is GBX 26.38.

Orchard Funding Group (LON:ORCH) last posted its quarterly earnings results on Tuesday, December 10th. The company reported GBX 7.39 ($0.09) earnings per share (EPS) for the quarter. Orchard Funding Group had a net margin of 23.07% and a return on equity of 8.62%. Analysts predict that Orchard Funding Group plc will post 6.58 EPS for the current fiscal year.

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.