Time Finance plc (LON:TIME - Get Free Report) shares reached a new 52-week high on Monday . The company traded as high as GBX 64.67 ($0.81) and last traded at GBX 64.06 ($0.80), with a volume of 501673 shares trading hands. The stock had previously closed at GBX 62 ($0.78).
Time Finance Price Performance
The company has a current ratio of 2.25, a quick ratio of 2.26 and a debt-to-equity ratio of 2.82. The stock has a market cap of £58.58 million, a PE ratio of 1,281.28 and a beta of 1.69. The company's 50 day moving average is GBX 58.54 and its 200-day moving average is GBX 54.27.
About Time Finance
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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.
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