Town Centre Securities (LON:TOWN) Stock Passes Below 50-Day Moving Average – Here’s Why
by Sarita Garza · The Markets DailyTown Centre Securities Plc (LON:TOWN – Get Free Report) shares crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 118.16 and traded as low as GBX 111.55. Town Centre Securities shares last traded at GBX 114, with a volume of 8,383 shares changing hands.
Town Centre Securities Price Performance
The company has a market capitalization of £47.89 million, a P/E ratio of -8.32 and a beta of 0.65. The business’s 50-day simple moving average is GBX 118.16 and its 200 day simple moving average is GBX 121.92. The company has a current ratio of 0.95, a quick ratio of 0.65 and a debt-to-equity ratio of 160.89.
Town Centre Securities (LON:TOWN – Get Free Report) last posted 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%. As a group, sell-side analysts anticipate that Town Centre Securities Plc will post 6.4926063 EPS for the current year.
Insider Transactions at Town Centre Securities
In other Town Centre Securities news, insider Ben Ziff sold 120,500 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of GBX 115, for a total transaction of £138,575. Insiders own 23.01% 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.