Time Finance (LON:TIME – Get Free Report) released its quarterly earnings results on Wednesday. The company reported GBX 6.34 earnings per share for the quarter, Digital Look Earnings reports. Time Finance had a return on equity of 6.84% and a net margin of 13.43%.
Time Finance Stock Down 0.9%
Shares of LON TIME opened at GBX 55.52 on Thursday. The company has a market cap of £50.77 million, a P/E ratio of 972.33 and a beta of 1.69. The firm has a 50-day simple moving average of GBX 55.32 and a two-hundred day simple moving average of GBX 55.53. Time Finance has a 1 year low of GBX 43.25 and a 1 year high of GBX 66.89. The company has a debt-to-equity ratio of 2.82, a current ratio of 1.38 and a quick ratio of 2.26.
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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