Time Finance (LON:TIME) Announces Quarterly Earnings Results

Time Finance (LON:TIME - Get Free Report) announced its quarterly earnings data on Tuesday. The company reported GBX 3.24 ($0.04) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Time Finance had a return on equity of 6.95% and a net margin of 13.43%.

Time Finance Stock Down 3.2 %

LON TIME traded down GBX 2.06 ($0.03) during midday trading on Tuesday, hitting GBX 62.45 ($0.78). 760,730 shares of the company traded hands, compared to its average volume of 295,858. The company has a debt-to-equity ratio of 2.82, a current ratio of 2.25 and a quick ratio of 2.26. The company has a market cap of £57.10 million, a PE ratio of 1,248.90 and a beta of 1.69. The company's 50-day simple moving average is GBX 60.84 and its 200-day simple moving average is GBX 56.61. Time Finance has a 52 week low of GBX 35.50 ($0.44) and a 52 week high of GBX 66.89 ($0.83).

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.