Time Finance (LON:TIME) Shares Down 1.8%

Shares of Time Finance plc (LON:TIME) traded down 1.8% on Wednesday . The stock traded as low as GBX 26.99 ($0.34) and last traded at GBX 27 ($0.34). 185,839 shares changed hands during trading, an increase of 35% from the average session volume of 137,336 shares. The stock had previously closed at GBX 27.50 ($0.35).

Time Finance Trading Down 1.8 %

The firm has a market capitalization of £24.98 million, a P/E ratio of 1,350.00 and a beta of 1.58. The company has a debt-to-equity ratio of 7.03, a quick ratio of 2.26 and a current ratio of 2.23. The firm has a 50-day moving average of GBX 26.12 and a 200-day moving average of GBX 25.56.

Insider Activity at Time Finance

In related news, insider Ronald Russell acquired 100,000 shares of Time Finance stock in a transaction on Monday, July 10th. The shares were acquired at an average cost of GBX 26 ($0.33) per share, with a total value of £26,000 ($32,774.49). 22.64% of the stock is owned by company insiders.

About Time Finance

Time Finance plc, together with its subsidiaries, provides financial products and services to consumers and businesses in the United Kingdom. It operates through four segments: Asset Finance, Vehicle Finance, Loan Finance, and Invoice Finance. The company offers vendor finance, hire purchase, finance leasing, asset-based lending, and invoice finance; business loans comprising unsecured, secured, and VAT loans; property finance, including second charge mortgages, bridging loans, and specialist but-to-let loans; recovery loan schemes; and vehicle finance solutions.