Time Finance (LON:TIME) Reaches New 52-Week High – What’s Next?

Shares of Time Finance plc (LON:TIMEGet Free Report) hit a new 52-week high on Tuesday . The stock traded as high as GBX 66.89 ($0.83) and last traded at GBX 62.45 ($0.78), with a volume of 760730 shares trading hands. The stock had previously closed at GBX 64.50 ($0.80).

Time Finance Price Performance

The firm’s fifty day moving average price is GBX 60.97 and its 200-day moving average price is GBX 56.77. The stock has a market cap of £52.67 million, a P/E ratio of 1,152.00 and a beta of 1.69. The company has a quick ratio of 2.26, a current ratio of 2.25 and a debt-to-equity ratio of 2.82.

Time Finance (LON:TIMEGet Free Report) last issued its quarterly earnings data on Tuesday, January 28th. The company reported GBX 3.24 ($0.04) EPS for the quarter. Time Finance had a net margin of 13.43% and a return on equity of 6.95%. Analysts forecast that Time Finance plc will post 5.89 earnings per share for the current year.

About Time Finance

(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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