Town Centre Securities (LON:TOWN) Stock Price Crosses Below Fifty Day Moving Average – Should You Sell?

Town Centre Securities Plc (LON:TOWN)’s stock price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 127.80 and traded as low as GBX 126. Town Centre Securities shares last traded at GBX 126, with a volume of 8,026 shares changing hands.

Town Centre Securities Stock Performance

The stock has a 50-day moving average of GBX 127.80 and a 200 day moving average of GBX 133.66. The stock has a market cap of £55.03 million, a PE ratio of -15.98 and a beta of 1.11. The company has a quick ratio of 0.65, a current ratio of 0.78 and a debt-to-equity ratio of 133.21.

Town Centre Securities (LON:TOWN) last issued its earnings results on Friday, October 17th. The company reported GBX (8.20) earnings per share (EPS) for the quarter. Town Centre Securities had a negative return on equity of 6.58% and a negative net margin of 23.60%. Equities analysts predict that Town Centre Securities Plc will post 6.4926063 EPS for the current fiscal year.

About Town Centre Securities

Town Centre Securities PLC (the “Company”) is a public limited company domiciled in the United Kingdom. Its shares are listed on the main market of the London Stock Exchange. The address of its registered office is Town Centre House, The Merrion Centre, Leeds LS2 8LY. The principal activities of the group during the period remained those of property investment, development and trading and the provision of car parking.