Time Finance plc (LON:TIME) Insider Tracy Watkinson Purchases 18,231 Shares of Stock

Time Finance plc (LON:TIME) insider Tracy Watkinson purchased 18,231 shares of the stock in a transaction dated Thursday, February 27th. The stock was purchased at an average cost of GBX 55 ($0.69) per share, for a total transaction of £10,027.05 ($12,609.47).

Time Finance Stock Performance

Shares of Time Finance stock opened at GBX 52.50 ($0.66) on Friday. Time Finance plc has a one year low of GBX 35.50 ($0.45) and a one year high of GBX 66.89 ($0.84). The company has a market cap of £47.88 million, a price-to-earnings ratio of 10.79 and a beta of 1.69. The company has a debt-to-equity ratio of 2.82, a quick ratio of 2.26 and a current ratio of 1.38. The business’s 50 day moving average price is GBX 61.03 and its 200 day moving average price is GBX 57.80.

Time Finance (LON:TIME) last announced its quarterly earnings data on Tuesday, January 28th. The company reported GBX 3.24 ($0.04) EPS for the quarter. Time Finance had a return on equity of 6.84% and a net margin of 13.43%. On average, research analysts predict that Time Finance plc will post 5.89 EPS for the current year.

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.