Time Finance (LON:TIME) Trading Up 3.2% – Still a Buy?

Time Finance plc (LON:TIMEGet 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

(Get Free Report)

Time Finance’s purpose is to help UK businesses thrive and survive through the provision of flexible funding facilities.

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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