Time Finance (LON:TIME) Hits New 12-Month High – Should You Buy?

Time Finance plc (LON:TIMEGet Free Report)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as GBX 66 ($0.81) and last traded at GBX 66 ($0.81), with a volume of 364545 shares trading hands. The stock had previously closed at GBX 64 ($0.79).

Time Finance Stock Up 0.3 %

The company has a current ratio of 2.25, a quick ratio of 2.26 and a debt-to-equity ratio of 2.82. The firm has a 50-day moving average of GBX 60.31 and a 200 day moving average of GBX 56.21. The stock has a market capitalization of £58.70 million, a price-to-earnings ratio of 1,284.00 and a beta of 1.69.

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.

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