Time Finance (LON:TIME) Shares Up 0.9% – What’s Next?

Shares of Time Finance plc (LON:TIME) shot up 0.9% on Tuesday . The stock traded as high as GBX 43 and last traded at GBX 41.88. 78,698 shares changed hands during mid-day trading, a decline of 65% from the average session volume of 224,045 shares. The stock had previously closed at GBX 41.50.

Time Finance Stock Performance

The company has a 50-day moving average price of GBX 44.48 and a two-hundred day moving average price of GBX 48.82. The company has a current ratio of 327.47, a quick ratio of 2.26 and a debt-to-equity ratio of 1.76. The stock has a market capitalization of £38.40 million, a P/E ratio of 6.37 and a beta of 0.91.

Time Finance Company Profile

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.