Time Finance (LON:TIME) Hits New 1-Year High – What’s Next?

Time Finance plc (LON:TIME) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 66.89 ($0.83) and last traded at GBX 62.45 ($0.78), with a volume of 760730 shares traded. The stock had previously closed at GBX 64.50 ($0.80).

Time Finance Trading Down 3.2 %

The stock’s 50 day moving average is GBX 60.84 and its 200-day moving average is GBX 56.61. The company has a market cap of £57.10 million, a P/E ratio of 1,248.90 and a beta of 1.69. The company has a current ratio of 2.25, a quick ratio of 2.26 and a debt-to-equity ratio of 2.82.

Time Finance (LON:TIME) last released its quarterly earnings data on Tuesday, January 28th. The company reported GBX 3.24 ($0.04) earnings per share (EPS) for the quarter. Time Finance had a return on equity of 6.95% and a net margin of 13.43%. Research analysts anticipate that Time Finance plc will post 5.89 earnings per share for the current fiscal year.

About Time Finance

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.