Time Finance plc (LON:TIME – Get Free Report) reached a new 52-week high on Monday . The company traded as high as GBX 64.67 ($0.80) and last traded at GBX 64.06 ($0.80), with a volume of 501673 shares. The stock had previously closed at GBX 62 ($0.77).
Time Finance Trading Up 3.3 %
The business’s 50-day simple moving average is GBX 58.54 and its two-hundred day simple moving average is GBX 54.27. The company has a quick ratio of 2.26, a current ratio of 2.25 and a debt-to-equity ratio of 2.82. The firm has a market capitalization of £58.58 million, a price-to-earnings ratio of 1,281.28 and a beta of 1.69.
About Time Finance
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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