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

Town Centre Securities Plc (LON:TOWNGet Free Report) shares crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 122.87 and traded as low as GBX 121. Town Centre Securities shares last traded at GBX 133, with a volume of 11,409 shares.

Town Centre Securities Stock Down 3.1%

The company has a market cap of £51.67 million, a PE ratio of -8.98 and a beta of 0.64. The company has a quick ratio of 0.65, a current ratio of 0.95 and a debt-to-equity ratio of 160.89. The firm’s fifty day simple moving average is GBX 123.21 and its 200-day simple moving average is GBX 120.02.

Insider Transactions at Town Centre Securities

In other Town Centre Securities news, insider Michael Ziff sold 100,000 shares of the stock in a transaction on Thursday, July 30th. The stock was sold at an average price of GBX 129, for a total transaction of £129,000. Insiders own 22.66% 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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