Time Finance plc (LON:TIME) Insider Acquires £10,027.05 in Stock

Time Finance plc (LON:TIME) insider Tracy Watkinson purchased 18,231 shares of Time Finance stock in a transaction dated Thursday, February 27th. The stock was acquired at an average price of GBX 55 ($0.69) per share, for a total transaction of £10,027.05 ($12,639.67).

Time Finance Trading Down 5.4 %

Shares of LON TIME opened at GBX 52.50 ($0.66) on Monday. The business’s 50 day moving average price is GBX 61.03 and its 200-day moving average price is GBX 57.90. The company has a market cap of £47.88 million, a price-to-earnings ratio of 10.79 and a beta of 1.69. Time Finance plc has a fifty-two week low of GBX 35.50 ($0.45) and a fifty-two week high of GBX 66.89 ($0.84). The company has a debt-to-equity ratio of 2.82, a quick ratio of 2.26 and a current ratio of 1.38.

Time Finance (LON:TIME) last released 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, sell-side analysts expect that Time Finance plc will post 5.89 earnings per share for the current year.

Time Finance Company Profile

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.