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Time Finance (LON:TIME) Stock Price Up 1.8% - Here's Why

Time Finance logo with Financial Services background

Shares of Time Finance plc (LON:TIME - Get Free Report) traded up 1.8% during mid-day trading on Monday . The stock traded as high as GBX 56.80 ($0.76) and last traded at GBX 56 ($0.75). 720,151 shares traded hands during trading, an increase of 128% from the average session volume of 315,650 shares. The stock had previously closed at GBX 55 ($0.74).

Time Finance Stock Performance

The company has a quick ratio of 2.26, a current ratio of 1.38 and a debt-to-equity ratio of 2.82. The firm has a market capitalization of £51.07 million, a PE ratio of 11.51 and a beta of 1.69. The firm has a 50-day moving average price of GBX 58.95 and a 200 day moving average price of GBX 56.52.

About Time Finance

(Get Free Report)

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.

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