Time Finance (LON:TIME) Stock Price Up 0.9% - What's Next?

Time Finance plc (LON:TIME - Get Free Report)'s share price shot up 0.9% during trading on Tuesday . The stock traded as high as GBX 57.50 ($0.73) and last traded at GBX 56.50 ($0.71). 153,385 shares changed hands during mid-day trading, a decline of 40% from the average session volume of 253,893 shares. The stock had previously closed at GBX 56 ($0.71).

Time Finance Stock Up 7.3 %

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 stock's fifty day simple moving average is GBX 56.79 and its two-hundred day simple moving average is GBX 50.14. The company has a market capitalization of £55.41 million, a price-to-earnings ratio of 1,130.00 and a beta of 1.69.

Insider Activity at Time Finance

In related news, insider Tanya Raynes purchased 4,939 shares of the company's stock in a transaction that occurred on Wednesday, October 2nd. The shares were purchased at an average price of GBX 61 ($0.77) per share, with a total value of £3,012.79 ($3,812.21). Company insiders own 16.65% of the company's stock.

About Time Finance

Time Finance plc, together with its subsidiaries, provides financial products and services to consumers and businesses in the United Kingdom. It operates through two segments: Asset Finance and Invoice Finance. The company offers vendor finance, hire purchase, finance leasing, asset-based lending, and invoice finance; secured business loans; and vehicle finance solutions, as well as commercial loans.