Town Centre Securities (LON:TOWN) Announces Earnings Results

Town Centre Securities (LON:TOWN) posted its quarterly earnings data on Thursday. The company reported GBX (3.20) EPS for the quarter, Digital Look Earnings reports. Town Centre Securities had a negative net margin of 15.27% and a negative return on equity of 4.75%.

Town Centre Securities Price Performance

TOWN stock opened at GBX 125 on Friday. The company has a debt-to-equity ratio of 160.89, a current ratio of 0.95 and a quick ratio of 0.65. The firm has a market capitalization of £52.51 million, a P/E ratio of -9.12 and a beta of 0.65. Town Centre Securities has a 52-week low of GBX 104.03 and a 52-week high of GBX 139. The company’s 50 day simple moving average is GBX 125.85 and its 200-day simple moving average is GBX 121.16.

Insider Activity at Town Centre Securities

In related news, insider Michael Ziff sold 100,000 shares of the firm’s stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of GBX 129, for a total value of £129,000. Company insiders own 22.66% 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.