Time Finance (LON:TIME) Shares Down 0.2% – Here’s What Happened

Time Finance plc (LON:TIME)’s share price fell 0.2% during trading on Wednesday . The company traded as low as GBX 57.60 and last traded at GBX 57.71. Approximately 281,612 shares were traded during trading, an increase of 13% from the average daily volume of 249,843 shares. The stock had previously closed at GBX 57.80.

Time Finance Stock Performance

The company has a quick ratio of 2.26, a current ratio of 327.47 and a debt-to-equity ratio of 1.76. The firm has a 50-day moving average price of GBX 53.81 and a two-hundred day moving average price of GBX 48.19. The firm has a market cap of £52.91 million, a PE ratio of 8.78 and a beta of 0.89.

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.