Time Finance (LON:TIME) Hits New 12-Month Low – Here’s What Happened

Time Finance plc (LON:TIME)’s stock price reached a new 52-week low on Monday . The stock traded as low as GBX 43.01 and last traded at GBX 44.35, with a volume of 196509 shares traded. The stock had previously closed at GBX 44.26.

Time Finance Stock Up 0.2%

The stock has a market capitalization of £40.66 million, a price-to-earnings ratio of 6.75 and a beta of 0.91. 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 business’s 50-day moving average is GBX 50.70 and its two-hundred day moving average is GBX 51.26.

Time Finance (LON:TIME) last released its quarterly earnings data on Tuesday, January 27th. The company reported GBX 3.47 EPS for the quarter. Time Finance had a net margin of 16.11% and a return on equity of 8.28%. Equities analysts anticipate that Time Finance plc will post 5.89 EPS for the current year.

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.