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

Orchard Funding Group plc (LON:ORCH) passed below its 50-day moving average during trading on Thursday . The stock has a 50-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 current ratio of 1.50, a quick ratio of 1.86 and a debt-to-equity ratio of 212.80. The stock has a market capitalization of £6.19 million, a PE ratio of 414.29 and a beta of -0.13. The firm’s 50-day simple moving average is GBX 29.10 and its two-hundred 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) 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 expect that Orchard Funding Group plc will post 6.58 earnings per share 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.