Shares of Time Finance plc (LON:TIME – Get Free Report) reached a new 52-week high on Tuesday . The company traded as high as GBX 56.75 ($0.76) and last traded at GBX 56.20 ($0.75), with a volume of 610557 shares trading hands. The stock had previously closed at GBX 52 ($0.70).
Time Finance Trading Up 8.1 %
The stock has a market capitalization of £51.99 million, a PE ratio of 1,397.50 and a beta of 1.69. The stock’s 50 day moving average price is GBX 51.81 and its 200-day moving average price is GBX 44.91. The company has a quick ratio of 2.26, a current ratio of 2.42 and a debt-to-equity ratio of 3.60.
Insiders Place Their Bets
In other Time Finance news, insider Edward Rimmer acquired 22,482 shares of the stock in a transaction dated Tuesday, July 2nd. The shares were acquired at an average cost of GBX 43 ($0.58) per share, for a total transaction of £9,667.26 ($12,944.91). 15.47% of the stock is currently owned by company 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.
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