Orchard Funding Group (ORCH)

Sector:

Financials

Index:

FTSE AIM All-Share

15.50p
   
  • Change Today:
    -0.50p
  • 52 Week High: 47.00
  • 52 Week Low: 15.00
  • Currency: UK Pounds
  • Shares Issued: 21.35m
  • Volume: 73,795
  • Market Cap: £3.31m
  • RiskGrade: 166

Increase in lending boosts Orchard Funding Group

By Josh White

Date: Monday 05 Mar 2018

LONDON (ShareCast) - (ShareCast News) - Specialist insurance premium finance and the professions funding company Orchard Funding Group updated the market on its trading for the six months ended 31 January on Monday, with the board reporting that performance was in line with its expectations.
The AIM-traded firm said demand for funding had led to an increase in its lending over the equivalent half year in the 2017 financial year.

Its lending was ahead 10.41% year-on-year at £34.35m, while its loan book grew 11.31% to £28.93m.

"As a result of this increase in lending, interest income is expected to be higher than in the six months to 31 January 2017," Orchard's board said in its statement.

Orchard Funding Group was due to announce its interim results for the six-month period ended 31 January on 27 March.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

ORCH Market Data

Currency UK Pounds
Share Price 15.50p
Change Today -0.50p
% Change -3.13 %
52 Week High 47.00
52 Week Low 15.00
Volume 73,795
Shares Issued 21.35m
Market Cap £3.31m
RiskGrade 166

ORCH Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
98.94% above the market average98.94% above the market average98.94% above the market average98.94% above the market average98.94% above the market average
98.10% above the sector average98.10% above the sector average98.10% above the sector average98.10% above the sector average98.10% above the sector average
Price Trend
85.94% below the market average85.94% below the market average85.94% below the market average85.94% below the market average85.94% below the market average
89.66% below the sector average89.66% below the sector average89.66% below the sector average89.66% below the sector average89.66% below the sector average
Income
99.49% above the market average99.49% above the market average99.49% above the market average99.49% above the market average99.49% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
40.57% above the market average40.57% above the market average40.57% above the market average40.57% above the market average40.57% above the market average
49.53% above the sector average49.53% above the sector average49.53% above the sector average49.53% above the sector average49.53% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

ORCH Dividends

  Latest Previous
  Final Interim
Ex-Div 18-Jan-24 08-Jun-23
Paid n/a 23-Jun-23
Amount 2.00p 1.00p

Trades for 28-Mar-2024

Time Volume / Share Price
15:40 625 @ 16.00p
15:14 31 @ 16.00p
11:00 31 @ 16.00p
11:00 7 @ 16.00p
10:59 10,000 @ 15.15p

ORCH Key Personnel

CEO Rabinder Singh Takhar
CFO William Leo McShane
Chair Steven Hicks

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