Time Finance (LON:TIME – Get Free Report) posted its earnings results on Thursday. The company reported GBX 6.76 EPS for the quarter, Digital Look Earnings reports. The company had revenue of GBX 3,849 million for the quarter. Time Finance had a return on equity of 8.28% and a net margin of 16.11%.
Time Finance Stock Performance
TIME traded down GBX 0.90 during trading on Thursday, hitting GBX 58. The stock had a trading volume of 126,024 shares, compared to its average volume of 235,368. The company has a debt-to-equity ratio of 1.76, a current ratio of 327.47 and a quick ratio of 2.26. The company has a 50 day moving average price of GBX 57.93 and a 200-day moving average price of GBX 50.56. Time Finance has a one year low of GBX 40.11 and a one year high of GBX 60. The firm has a market cap of £53.17 million, a price-to-earnings ratio of 8.83 and a beta of 0.89.
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.
Operating from four locations across the UK – Bath, Birchwood, Manchester and Reading – Time has a lending book of over £200m and helps thousands of UK businesses.
More investor specific information is available on the Company’s investor hub – investors.timefinance.com – with more general information to be found on the Company’s main website: www.timefinance.com.
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