Town Centre Securities (LON:TOWN) Stock Price Crosses Below Fifty Day Moving Average – Here’s What Happened

Town Centre Securities Plc (LON:TOWN)’s share price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 124.20 and traded as low as GBX 121. Town Centre Securities shares last traded at GBX 130, with a volume of 10,937 shares traded.

Town Centre Securities Stock Down 3.8%

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 stock has a market cap of £52.51 million, a price-to-earnings ratio of -9.12 and a beta of 0.64. The business’s 50 day moving average is GBX 124.30 and its 200 day moving average is GBX 120.04.

Insider Activity at Town Centre Securities

In other news, insider Michael Ziff sold 100,000 shares of the firm’s stock in a transaction on Thursday, July 30th. The stock was sold at an average price of GBX 129, for a total value of £129,000. 22.66% of the stock is currently owned by company insiders.

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.