Orchard Funding Group (LON:ORCH) Stock Price Passes Below 50-Day Moving Average of $27.59

Orchard Funding Group plc (LON:ORCH) shares crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 27.59 ($0.36) and traded as low as GBX 23 ($0.30). Orchard Funding Group shares last traded at GBX 25 ($0.33), with a volume of 17,000 shares.

Orchard Funding Group Stock Up 6.4 %

The firm has a market capitalization of £5.34 million, a P/E ratio of 357.14 and a beta of -0.13. The stock has a fifty day moving average price of GBX 27.48 and a two-hundred day moving average price of GBX 25.86. The company has a debt-to-equity ratio of 210.85, a quick ratio of 1.86 and a current ratio of 1.73.

Orchard Funding Group Company Profile

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.