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

Time Finance plc (LON:TIME)’s stock price dropped 0.2% on Wednesday . The company traded as low as GBX 57.60 and last traded at GBX 57.71. Approximately 281,612 shares traded hands 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 Trading Down 0.2%

The company has a debt-to-equity ratio of 1.76, a current ratio of 327.47 and a quick ratio of 2.26. The firm has a market capitalization of £52.91 million, a PE ratio of 8.78 and a beta of 0.89. The company’s fifty day simple moving average is GBX 53.81 and its 200-day simple moving average is GBX 48.19.

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.