Town Centre Securities (LON:TOWN) Issues Earnings Results

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

Town Centre Securities Price Performance

Shares of LON:TOWN remained flat at GBX 125 during midday trading on Friday. The stock had a trading volume of 40,358 shares, compared to its average volume of 13,239. The company has a debt-to-equity ratio of 160.89, a quick ratio of 0.65 and a current ratio of 0.95. The firm has a market cap 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 business has a 50-day simple moving average of GBX 125.71 and a two-hundred day simple moving average of GBX 121.18.

Insider Buying and Selling

In related news, insider Michael Ziff sold 100,000 shares of Town Centre Securities 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. Corporate insiders own 22.66% of the company’s stock.

Town Centre Securities Company Profile

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.