Shares of Time Finance plc (LON:TIME – Get Free Report) hit a new 52-week high during mid-day trading on Monday. The company traded as high as GBX 60 and last traded at GBX 60, with a volume of 492,488 shares trading hands. The stock had previously closed at GBX 57.91.
Time Finance Trading Up 3.6%
The stock has a market cap of £55.01 million, a P/E ratio of 9.13 and a beta of 0.89. 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 company has a 50-day moving average price of GBX 57.16 and a two-hundred day moving average price of GBX 50.02.
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.
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