Time Finance (LON:TIME) Trading Up 1% – What’s Next?

Time Finance plc (LON:TIME) shares shot up 1% during trading on Wednesday . The stock traded as high as GBX 52 and last traded at GBX 52. 14,141 shares traded hands during trading, a decline of 90% from the average session volume of 140,874 shares. The stock had previously closed at GBX 51.50.

Time Finance Trading Up 1.0%

The company has a 50 day moving average of GBX 50.91 and a two-hundred day moving average of GBX 53.50. The stock has a market capitalization of £47.67 million, a PE ratio of 8.20 and a beta of 1.69. The company has a debt-to-equity ratio of 2.82, a quick ratio of 2.26 and a current ratio of 1.38.

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.