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

Orchard Funding Group plc (LON:ORCH)’s share price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 29.12 ($0.37) and traded as low as GBX 27.30 ($0.34). Orchard Funding Group shares last traded at GBX 28.90 ($0.36), with a volume of 35,000 shares trading hands.

Orchard Funding Group Price Performance

The stock has a fifty day moving average of GBX 29.12 and a two-hundred day moving average of GBX 26.53. The stock has a market cap of £6.17 million, a price-to-earnings ratio of 412.86 and a beta of -0.13. The company has a quick ratio of 1.86, a current ratio of 1.50 and a debt-to-equity ratio of 212.80.

Orchard Funding Group (LON:ORCH) last issued its earnings results on Tuesday, December 10th. The company reported GBX 7.39 ($0.09) EPS for the quarter. Orchard Funding Group had a net margin of 23.07% and a return on equity of 8.62%. On average, equities research analysts anticipate that Orchard Funding Group plc will post 6.58 earnings per share for the current 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.