Time Finance (LON:TIME) Trading 0.9% Higher – Should You Buy?

Time Finance plc (LON:TIME)’s share price rose 0.9% on Tuesday . The company traded as high as GBX 57.50 ($0.73) and last traded at GBX 56.50 ($0.72). Approximately 153,385 shares traded hands during trading, a decline of 40% from the average daily volume of 253,893 shares. The stock had previously closed at GBX 56 ($0.71).

Time Finance Stock Performance

The firm has a market capitalization of £51.66 million, a price-to-earnings ratio of 1,130.00 and a beta of 1.69. The company has a debt-to-equity ratio of 2.82, a current ratio of 2.25 and a quick ratio of 2.26. The firm has a 50 day moving average price of GBX 56.79 and a 200-day moving average price of GBX 50.14.

Insider Buying and Selling at Time Finance

In related news, insider Tanya Raynes acquired 4,939 shares of Time Finance stock in a transaction on Wednesday, October 2nd. The stock was purchased at an average cost of GBX 61 ($0.77) per share, with a total value of £3,012.79 ($3,823.34). 16.65% of the stock is currently owned by 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 two segments: Asset Finance and Invoice Finance. The company offers vendor finance, hire purchase, finance leasing, asset-based lending, and invoice finance; secured business loans; and vehicle finance solutions, as well as commercial loans.