Town Centre Securities (LON:TOWN) Shares Cross Below 50-Day Moving Average – Should You Sell?

Town Centre Securities Plc (LON:TOWN)’s share price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 126.23 and traded as low as GBX 124. Town Centre Securities shares last traded at GBX 124, with a volume of 7,501 shares trading hands.

Town Centre Securities Stock Up 2.5%

The firm has a market capitalization of £52.09 million, a price-to-earnings ratio of -15.12 and a beta of 1.11. The company has a debt-to-equity ratio of 133.21, a current ratio of 0.78 and a quick ratio of 0.65. The business has a fifty day moving average price of GBX 126.23 and a two-hundred day moving average price of GBX 129.27.

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

Insider Buying and Selling

In other Town Centre Securities news, insider Michael Ziff sold 25,000 shares of Town Centre Securities stock in a transaction that occurred on Thursday, January 8th. The shares were sold at an average price of GBX 124, for a total transaction of £31,000. Insiders own 23.07% of the company’s stock.

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.