Time Finance (LON:TIME) Sets New 1-Year High – Should You Buy?

Time Finance plc (LON:TIMEGet Free Report) reached a new 52-week high on Monday . The company traded as high as GBX 64.67 ($0.80) and last traded at GBX 64.06 ($0.79), with a volume of 501673 shares trading hands. The stock had previously closed at GBX 62 ($0.77).

Time Finance Stock Down 3.3 %

The stock has a 50-day simple moving average of GBX 59.10 and a two-hundred day simple moving average of GBX 54.81. The company has a quick ratio of 2.26, a current ratio of 2.25 and a debt-to-equity ratio of 2.82. The firm has a market cap of £57.06 million, a PE ratio of 1,248.00 and a beta of 1.69.

About Time Finance

(Get Free Report)

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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