Town Centre Securities (LON:TOWN) Posts Quarterly 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 net margin of 15.27% and a negative return on equity of 4.75%.

Town Centre Securities Stock Performance

Shares of LON:TOWN traded down GBX 6 during trading on Thursday, hitting GBX 120. The company’s stock had a trading volume of 5,150 shares, compared to its average volume of 13,099. 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 cap of £50.41 million, a price-to-earnings ratio of -8.76 and a beta of 0.65. The company has a 50-day moving average of GBX 126.03 and a 200-day moving average of GBX 121.14. Town Centre Securities has a 12 month low of GBX 104.03 and a 12 month high of GBX 139.

Insider Activity

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