Orchard Funding Group (LON:ORCH) Issues Earnings Results

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

LON ORCH remained flat at $GBX 77.50 ($1.02) during trading hours on Wednesday. The company’s 50 day moving average is GBX 79.60 and its two-hundred day moving average is GBX 78.46. The company has a debt-to-equity ratio of 92.24, a quick ratio of 1.65 and a current ratio of 1.65. The firm has a market cap of $16.55 million and a price-to-earnings ratio of 11.23. Orchard Funding Group has a 12 month low of GBX 70 ($0.92) and a 12 month 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. The ex-dividend date of this dividend is Thursday, June 11th. This represents a yield of 1.29%. Orchard Funding Group’s dividend payout ratio (DPR) 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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