Time Finance (LON:TIME) Trading 0.9% Higher – Still a Buy?

Shares of Time Finance plc (LON:TIME) were up 0.9% during trading on Tuesday . The stock traded as high as GBX 57.50 ($0.72) and last traded at GBX 56.50 ($0.71). Approximately 153,385 shares were traded during trading, a decline of 40% from the average daily volume of 253,893 shares. The stock had previously closed at GBX 56 ($0.71).

Time Finance Stock 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 market cap of £54.86 million, a PE ratio of 1,200.00 and a beta of 1.69. The business’s 50-day moving average price is GBX 57.10 and its 200-day moving average price is GBX 50.28.

Insider Activity at Time Finance

In other Time Finance news, insider Tanya Raynes purchased 4,939 shares of the stock in a transaction on Wednesday, October 2nd. The stock was acquired at an average price of GBX 61 ($0.77) per share, with a total value of £3,012.79 ($3,793.01). 16.65% of the stock is currently owned by corporate insiders.

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.