Town Centre Securities (LON:TOWN) Stock Price Passes Below 50 Day Moving Average – Here’s Why

by · The Cerbat Gem

Town Centre Securities Plc (LON:TOWNGet Free Report)’s share price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 118.80 and traded as low as GBX 115. Town Centre Securities shares last traded at GBX 116.08, with a volume of 67,210 shares changing hands.

Town Centre Securities Price Performance

The company has a market cap of £48.98 million, a P/E ratio of -8.51 and a beta of 0.65. The stock has a 50-day simple moving average of GBX 118.38 and a 200 day simple moving average of GBX 123.98. The company has a debt-to-equity ratio of 160.89, a quick ratio of 0.65 and a current ratio of 0.95.

Town Centre Securities (LON:TOWNGet Free Report) last released its quarterly earnings data on Thursday, March 26th. The company reported GBX (3.20) earnings per share (EPS) for the quarter. Town Centre Securities had a negative net margin of 15.27% and a negative return on equity of 4.75%. On average, equities analysts expect that Town Centre Securities Plc will post 6.4926063 EPS for the current year.

About Town Centre Securities

(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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