Town Centre Securities (LON:TOWN) Share Price Passes Below 50-Day Moving Average – What’s Next?

Town Centre Securities Plc (LON:TOWN) shares passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 117.51 and traded as low as GBX 116.48. Town Centre Securities shares last traded at GBX 118, with a volume of 1,680 shares trading hands.

Town Centre Securities Stock Performance

The company has a current ratio of 0.95, a quick ratio of 0.65 and a debt-to-equity ratio of 160.89. The business’s 50 day moving average is GBX 117.51 and its two-hundred day moving average is GBX 121.26. The company has a market cap of £49.57 million, a PE ratio of -8.61 and a beta of 0.65.

Town Centre Securities (LON:TOWN) last announced its quarterly earnings results on Thursday, March 26th. The company reported GBX (3.20) EPS for the quarter. Town Centre Securities had a negative return on equity of 4.75% and a negative net margin of 15.27%. On average, equities research analysts anticipate that Town Centre Securities Plc will post 6.4926063 EPS for the current year.

Insider Buying and Selling

In other Town Centre Securities news, insider Ben Ziff sold 120,500 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of GBX 115, for a total value of £138,575. 22.90% of the stock is currently owned by insiders.

Town Centre Securities Company Profile

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.