Town Centre Securities (LON:TOWN) Stock Crosses Below Fifty Day Moving Average – Here’s What Happened

Town Centre Securities Plc (LON:TOWN – Get Free Report) shares crossed below its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of GBX 125.45 and traded as low as GBX 121. Town Centre Securities shares last traded at GBX 129, with a volume of 4,002 shares traded.

Town Centre Securities Price Performance

The stock has a fifty day simple moving average of GBX 125.35 and a 200-day simple moving average of GBX 121.40. The company has a market capitalization of £51.24 million, a price-to-earnings ratio of -8.90 and a beta of 0.65. The company has a debt-to-equity ratio of 154.00, a current ratio of 0.47 and a quick ratio of 0.65.

Town Centre Securities (LON:TOWN – Get Free Report) last issued its quarterly earnings results on Thursday, October 15th. The company reported GBX (3.20) EPS for the quarter. Town Centre Securities had a negative return on equity of 1.25% and a negative net margin of 3.87%. On average, equities research analysts anticipate that Town Centre Securities Plc will post 6.49 EPS for the current year.

Insider Activity at Town Centre Securities

In other Town Centre Securities news, insider Michael Ziff sold 100,000 shares of Town Centre Securities stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of GBX 129, for a total transaction of £129,000. Company insiders own 22.66% of the company’s stock.

Town Centre Securities Company Profile

(Get Free Report)

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.

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