Town Centre Securities (LON:TOWN) Shares Cross Below 50-Day Moving Average – Time to Sell?

Town Centre Securities Plc (LON:TOWN)’s stock price 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.

Town Centre Securities Stock Down 2.5%

The stock’s fifty day moving average is GBX 117.55 and its two-hundred day moving average is GBX 121.14. 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 company has a market capitalization of £47.51 million, a PE ratio of -8.26 and a beta of 0.65.

Town Centre Securities (LON:TOWN) last released its earnings results 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, analysts predict 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 firm’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of GBX 115, for a total value of £138,575. 22.90% of the stock is owned by corporate 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.