Town Centre Securities (LON:TOWN) Reaches New 1-Year Low – Should You Sell?

Town Centre Securities Plc (LON:TOWN)’s stock price hit a new 52-week low on Tuesday . The stock traded as low as GBX 113 and last traded at GBX 114, with a volume of 16333 shares traded. The stock had previously closed at GBX 124.

Town Centre Securities Stock Performance

The company has a market cap of £50.41 million, a price-to-earnings ratio of -14.63 and a beta of 1.11. The firm’s 50-day moving average price is GBX 124.58 and its 200 day moving average price is GBX 126.75.

Insider Buying and Selling at Town Centre Securities

In other news, insider Michael Ziff sold 25,000 shares of the firm’s stock in a transaction on Thursday, January 8th. The stock was sold at an average price of GBX 124, for a total value of £31,000. 23.01% of the stock is currently owned by company insiders.

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.