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

Time Finance plc (LON:TIME – Get Free Report) reached a new 52-week high during trading on Monday. The company traded as high as GBX 60 and last traded at GBX 58.70, with a volume of 55,636 shares traded. The stock had previously closed at GBX 60.

Time Finance Stock Down 2.2%

The firm has a market capitalization of £53.82 million, a PE ratio of 8.93 and a beta of 0.89. The firm’s 50 day moving average price is GBX 57.88 and its two-hundred day moving average price is GBX 50.46. The company has a quick ratio of 2.26, a current ratio of 327.47 and a debt-to-equity ratio of 1.76.

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.

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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