Orchard Funding Group (ORCH)

Sector:

Financials

Index:

FTSE AIM All-Share

63.00p
   
  • Change Today:
      0.50p
  • 52 Week High: 67.00
  • 52 Week Low: 21.50
  • Currency: UK Pounds
  • Shares Issued: 21.35m
  • Volume: 93,391
  • Market Cap: £13.45m
  • RiskGrade: 166
  • Beta: 0.02

Covid-19 sees Orchard Funding cancel banking licence application

By Josh White

Date: Monday 19 Oct 2020

LONDON (ShareCast) - (Sharecast News) - Insurance premium and professions funding specialist Orchard Funding Group announced it was cancelling its application for a banking licence on Monday.
The AIM-traded firm put the decision down to current uncertain economic conditions, as a result of the Covid-19 pandemic.

"The company has decided to withdraw its application for a banking licence to focus on its core business activities," the board said in its short statement.

At 0828 BST, shares in Orchard Funding were down 5.69% at 58p.

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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 63.00p
Change Today 0.50p
% Change 0.80 %
52 Week High 67.00
52 Week Low 21.50
Volume 93,391
Shares Issued 21.35m
Market Cap £13.45m
Beta 0.02
RiskGrade 166

ORCH Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
99.43% above the market average99.43% above the market average99.43% above the market average99.43% above the market average99.43% 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
Price Trend
93.65% above the market average93.65% above the market average93.65% above the market average93.65% above the market average93.65% above the market average
96.12% above the sector average96.12% above the sector average96.12% above the sector average96.12% above the sector average96.12% above the sector average
Income
61.49% above the market average61.49% above the market average61.49% above the market average61.49% above the market average61.49% above the market average
27.87% above the sector average27.87% above the sector average27.87% above the sector average27.87% above the sector average27.87% above the sector average
Growth
45.64% above the market average45.64% above the market average45.64% above the market average45.64% above the market average45.64% above the market average
44.09% above the sector average44.09% above the sector average44.09% above the sector average44.09% above the sector average44.09% 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
  Special Interim
Ex-Div 12-Jun-25 12-Jun-25
Paid 25-Jun-25 25-Jun-25
Amount 1.00p 1.00p

Trades for 02-Jul-2025

Time Volume / Share Price
16:13 400 @ 61.40p
12:43 1,716 @ 63.65p
10:31 30,000 @ 62.00p
08:33 23,540 @ 63.70p
10:16 2 @ 65.00p

ORCH Key Personnel

CEO Rabinder Singh Takhar
CFO William Leo McShane
Chair Steven Hicks

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