Time Finance (LON:TIME) Stock Price Down 0.3% – Here’s What Happened

Time Finance plc (LON:TIME)’s share price dropped 0.3% during trading on Wednesday . The stock traded as low as GBX 57.20 and last traded at GBX 57.40. Approximately 762,466 shares traded hands 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 Trading Down 0.3%

The business has a fifty day moving average price of GBX 51.13 and a two-hundred day moving average price of GBX 47.70. The company has a current ratio of 327.47, a quick ratio of 2.26 and a debt-to-equity ratio of 1.76. The firm has a market capitalization of £52.62 million, a PE ratio of 8.74 and a beta of 0.87.

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.