Town Centre Securities (LON:TOWN) Issues Earnings Results

Town Centre Securities (LON:TOWN) released its earnings results on Thursday. The company reported GBX (3.20) EPS for the quarter, Digital Look Earnings reports. Town Centre Securities had a negative return on equity of 4.75% and a negative net margin of 15.27%.

Town Centre Securities Price Performance

Shares of TOWN stock traded up GBX 4 on Thursday, hitting GBX 130. 5,150 shares of the stock traded hands, compared to its average volume of 13,099. The company has a debt-to-equity ratio of 160.89, a current ratio of 0.95 and a quick ratio of 0.65. Town Centre Securities has a 52 week low of GBX 104.03 and a 52 week high of GBX 139. The firm has a 50 day simple moving average of GBX 126.03 and a two-hundred day simple moving average of GBX 121.14. The firm has a market cap of £54.61 million, a price-to-earnings ratio of -9.49 and a beta of 0.65.

Insiders Place Their Bets

In related news, insider Michael Ziff sold 100,000 shares of the company’s stock in a transaction on Thursday, July 30th. The shares were sold at an average price of GBX 129, for a total value of £129,000. Corporate insiders own 22.66% 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.