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

Shares of Orchard Funding Group plc (LON:ORCH) passed below its fifty day moving average during trading on Friday . The stock has a fifty 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 changing hands.

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’s 50 day moving average price is GBX 29.12 and its two-hundred day moving average price is GBX 26.53. The firm has a market capitalization of £6.17 million, a PE ratio of 412.86 and a beta of -0.13.

Orchard Funding Group (LON:ORCH) last released its quarterly earnings results on Tuesday, December 10th. The company reported GBX 7.39 ($0.09) earnings per share for the quarter. Orchard Funding Group had a return on equity of 8.62% and a net margin of 23.07%. On average, equities analysts expect 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.