Time Finance (LON:TIME) Trading Down 0.4% – Here’s What Happened

Shares of Time Finance plc (LON:TIME) were down 0.4% on Tuesday . The company traded as low as GBX 44 and last traded at GBX 44.50. Approximately 187,282 shares were traded during mid-day trading, a decline of 12% from the average daily volume of 212,462 shares. The stock had previously closed at GBX 44.66.

Time Finance Stock Performance

The business’s fifty day moving average is GBX 43.14 and its two-hundred day moving average is GBX 48.22. The company has a quick ratio of 2.26, a current ratio of 327.47 and a debt-to-equity ratio of 1.76. The stock has a market capitalization of £40.80 million, a PE ratio of 6.77 and a beta of 0.91.

About Time Finance

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.