Michael Ziff Sells 20,000 Shares of Town Centre Securities Plc (LON:TOWN) Stock

Town Centre Securities Plc (LON:TOWN) insider Michael Ziff sold 20,000 shares of the company’s stock in a transaction on Wednesday, April 10th. The stock was sold at an average price of GBX 141 ($1.78), for a total transaction of £28,200 ($35,691.68).

Michael Ziff also recently made the following trade(s):

• On Wednesday, March 27th, Michael Ziff sold 54,280 shares of Town Centre Securities stock. The stock was sold at an average price of GBX 135 ($1.71), for a total transaction of £73,278 ($92,745.22).

Town Centre Securities Price Performance

LON TOWN opened at GBX 145 ($1.84) on Friday. The company has a current ratio of 0.70, a quick ratio of 0.65 and a debt-to-equity ratio of 130.44. The company has a fifty day simple moving average of GBX 133.65 and a 200 day simple moving average of GBX 130.44. The company has a market cap of £61.13 million, a P/E ratio of -241.67 and a beta of 1.04. Town Centre Securities Plc has a 1 year low of GBX 110 ($1.39) and a 1 year high of GBX 147 ($1.86).

Town Centre Securities Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Friday, June 14th. Investors of record on Thursday, May 23rd will be issued a dividend of GBX 2.50 ($0.03) per share. This represents a dividend yield of 1.88%. The ex-dividend date is Thursday, May 23rd. Town Centre Securities’s dividend payout ratio is currently -833.33%.

About Town Centre Securities

TCS has a high quality portfolio around the UK comprising over 2.5m sq ft of prime commercial, residential, car parking, office, leisure & retail accommodation. This is in additon to our development pipeline which has an estimated GDV of over £600m. With over 60 years' experience, a commitment to sustainable development and a reputation for quality & innovation, TCS create outstanding mixed use developments close to transport hubs in Leeds, Manchester, Glasgow and London.