Time Finance (LON:TIME) Posts Quarterly Earnings Results

Time Finance (LON:TIME) issued its earnings results on Tuesday. The company reported GBX 3.24 ($0.04) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Time Finance had a return on equity of 6.95% and a net margin of 13.43%.

Time Finance Stock Performance

Time Finance stock traded down GBX 1.90 ($0.02) during midday trading on Thursday, hitting GBX 57.60 ($0.72). 661,302 shares of the company were exchanged, compared to its average volume of 331,086. The business has a fifty day simple moving average of GBX 61.03 and a two-hundred day simple moving average of GBX 56.76. The company has a debt-to-equity ratio of 2.82, a quick ratio of 2.26 and a current ratio of 2.25. The firm has a market capitalization of £52.67 million, a PE ratio of 1,152.00 and a beta of 1.69. Time Finance has a fifty-two week low of GBX 35.50 ($0.44) and a fifty-two week high of GBX 66.89 ($0.83).

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.