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
(
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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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