Town Centre Securities (LON:TOWN) Announces Earnings Results

Town Centre Securities (LON:TOWN) released its earnings results on Thursday. The company reported GBX 4.20 ($0.05) EPS for the quarter, Digital Look Earnings reports. Town Centre Securities had a negative return on equity of 6.58% and a negative net margin of 23.60%.

Town Centre Securities Stock Performance

Town Centre Securities stock opened at GBX 138 ($1.79) on Friday. The company has a market cap of £58.14 million, a price-to-earnings ratio of -7.73 and a beta of 1.11. Town Centre Securities has a one year low of GBX 113 ($1.46) and a one year high of GBX 165 ($2.14). The firm has a 50-day moving average of GBX 132.37 and a 200-day moving average of GBX 133.43. The company has a debt-to-equity ratio of 133.21, a current ratio of 0.78 and a quick ratio of 0.65.

Insider Buying and Selling

In related news, insider Michael Ziff sold 30,000 shares of the firm’s stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of GBX 118 ($1.53), for a total value of £35,400 ($45,819.31). 56.94% 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.