Time Finance (LON:TIME) Stock Price Down 1.2% - What's Next?

Time Finance plc (LON:TIME - Get Free Report)'s share price traded down 1.2% during mid-day trading on Wednesday . The stock traded as low as GBX 57.50 ($0.73) and last traded at GBX 57.80 ($0.73). 63,553 shares changed hands during mid-day trading, a decline of 75% from the average session volume of 251,949 shares. The stock had previously closed at GBX 58.50 ($0.74).

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 50-day simple moving average of GBX 58.06 and a 200 day simple moving average of GBX 51.98. The stock has a market capitalization of £53.04 million, a price-to-earnings ratio of 1,160.00 and a beta of 1.69.

Insider Transactions at Time Finance

In other news, insider Tanya Raynes acquired 4,939 shares of Time Finance stock in a transaction that occurred on Wednesday, October 2nd. The stock was purchased at an average price of GBX 61 ($0.77) per share, with a total value of £3,012.79 ($3,818.98). 16.65% of the stock is owned by insiders.

Time Finance Company Profile

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.