Time Finance plc (LON:TIME – Get Free Report)’s share price traded up 3.2% during trading on Tuesday . The company traded as high as GBX 49 and last traded at GBX 48. 423,790 shares were traded during mid-day trading, an increase of 104% from the average daily volume of 208,011 shares. The stock had previously closed at GBX 46.50.
Time Finance Stock Up 3.2%
The firm has a 50-day moving average of GBX 44.28 and a two-hundred day moving average of GBX 47.90. The firm has a market cap of £44.01 million, a price-to-earnings ratio of 7.31 and a beta of 0.89. The company has a current ratio of 327.47, a quick ratio of 2.26 and a debt-to-equity ratio of 1.76.
Time Finance Company Profile
Time offers a multi-product range for SMEs concentrating on Asset, Loan and Invoice Finance. While focused on being an ‘own-book’ lender, Time does retain the ability to broke-on deals where appropriate, enabling it to optimize business levels through market and economic cycles.
Operating from four locations across the UK – Bath, Birchwood, Manchester and Reading – Time has a lending book of over £200m and helps thousands of UK businesses.
More investor specific information is available on the Company’s investor hub – investors.timefinance.com – with more general information to be found on the Company’s main website: www.timefinance.com.
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