Town Centre Securities (LON:TOWN) Shares Pass Below 50 Day Moving Average – Here’s Why

Shares of Town Centre Securities Plc (LON:TOWNGet Free Report) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 125.42 and traded as low as GBX 123. Town Centre Securities shares last traded at GBX 127.75, with a volume of 11,580 shares trading hands.

Town Centre Securities Trading Down 0.2%

The stock has a fifty day simple moving average of GBX 125.42 and a 200 day simple moving average of GBX 128.40. The company has a debt-to-equity ratio of 133.21, a quick ratio of 0.65 and a current ratio of 0.78. The firm has a market cap of £53.66 million, a P/E ratio of -15.58 and a beta of 1.11.

Insider Buying and Selling

In other Town Centre Securities news, insider Michael Ziff sold 25,000 shares of the business’s stock in a transaction dated Thursday, January 8th. The stock was sold at an average price of GBX 124, for a total value of £31,000. Insiders own 23.07% of the company’s stock.

Town Centre Securities Company Profile

(Get Free Report)

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.

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