Time Finance (LON:TIME) Shares Down 0.3% – What’s Next?

Time Finance plc (LON:TIME) was down 0.3% on Wednesday . The stock traded as low as GBX 57.20 and last traded at GBX 57.40. Approximately 762,466 shares were traded during mid-day trading, an increase of 218% from the average session volume of 239,529 shares. The stock had previously closed at GBX 57.60.

Time Finance Price Performance

The company has a market capitalization of £52.76 million, a PE ratio of 8.76 and a beta of 0.87. The company has a debt-to-equity ratio of 1.76, a current ratio of 327.47 and a quick ratio of 2.26. The stock’s 50 day simple moving average is GBX 51.30 and its 200-day simple moving average is GBX 47.73.

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.