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

Town Centre Securities Plc (LON:TOWN)’s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 125.24 and traded as low as GBX 124.64. Town Centre Securities shares last traded at GBX 128, with a volume of 9,377 shares changing hands.

Town Centre Securities Stock Up 4.1%

The stock has a market cap of £53.77 million, a P/E ratio of -15.61 and a beta of 1.11. The company has a current ratio of 0.78, a quick ratio of 0.65 and a debt-to-equity ratio of 133.21. The firm’s fifty day moving average is GBX 125.24 and its 200 day moving average is GBX 127.99.

Insider Buying and Selling at Town Centre Securities

In related 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 transaction of £31,000. Corporate insiders own 23.01% 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.