Time Finance (LON:TIME) Sets New 52-Week High - What's Next?

Time Finance plc (LON:TIME - Get Free Report) 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 ($0.77), with a volume of 760730 shares changing hands. The stock had previously closed at GBX 64.50 ($0.80).

Time Finance Price Performance

The stock has a 50 day moving average of GBX 60.98 and a 200-day moving average of GBX 56.84. The company has a debt-to-equity ratio of 2.82, a quick ratio of 2.26 and a current ratio of 2.25. The company has a market cap of £54.86 million, a PE ratio of 1,200.00 and a beta of 1.69.

Time Finance (LON:TIME - Get Free Report) last announced its quarterly earnings results on Tuesday, January 28th. The company reported GBX 3.24 ($0.04) earnings per share for the quarter. Time Finance had a return on equity of 6.95% and a net margin of 13.43%. Equities analysts predict that Time Finance plc will post 5.89 earnings per share for the current year.

Time Finance Company Profile

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.