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

Shares of Town Centre Securities Plc (LON:TOWN) passed 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.

Town Centre Securities Price Performance

The firm has a 50 day moving average price of GBX 118.16 and a two-hundred day moving average price of GBX 121.92. The company has a quick ratio of 0.65, a current ratio of 0.95 and a debt-to-equity ratio of 160.89. The company has a market capitalization of £47.89 million, a price-to-earnings ratio of -8.32 and a beta of 0.65.

Town Centre Securities (LON:TOWN) 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 return on equity of 4.75% and a negative net margin of 15.27%. As a group, sell-side 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 Ben Ziff sold 120,500 shares of the firm’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of GBX 115, for a total transaction of £138,575. 23.01% of the stock is owned by company insiders.

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.