Time Finance (LON:TIME) Shares Down 0.3% – Should You Sell?

Shares of Time Finance plc (LON:TIME) dropped 0.3% on Wednesday . The stock traded as low as GBX 57.20 and last traded at GBX 57.40. Approximately 762,466 shares were traded during trading, an increase of 218% from the average daily volume of 239,529 shares. The stock had previously closed at GBX 57.60.

Time Finance Price Performance

The stock has a market cap of £52.62 million, a PE ratio of 8.74 and a beta of 0.87. The stock’s fifty day moving average is GBX 51.13 and its 200-day moving average is GBX 47.70. The company has a debt-to-equity ratio of 1.76, a current ratio of 327.47 and a quick ratio of 2.26.

Time Finance Company Profile

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.