Time Finance (LON:TIME) Trading Down 2.7% - Time to Sell?

Time Finance plc (LON:TIME - Get Free Report)'s stock price dropped 2.7% on Tuesday . The company traded as low as GBX 59 ($0.75) and last traded at GBX 59.38 ($0.75). Approximately 255,586 shares traded hands during trading, a decline of 8% from the average daily volume of 277,458 shares. The stock had previously closed at GBX 61 ($0.77).

Time Finance Stock Performance

The stock has a market cap of £52.53 million, a price-to-earnings ratio of 11.84 and a beta of 1.69. The company's 50-day simple moving average is GBX 61.51 and its 200-day simple moving average is GBX 57.62. The company has a quick ratio of 2.26, a current ratio of 1.38 and a debt-to-equity ratio of 2.82.

Time Finance (LON:TIME - Get Free Report) last issued its earnings results 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 6.84% and a net margin of 13.43%. Analysts predict that Time Finance plc will post 5.89 EPS 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.