Town Centre Securities (LON:TOWN) Share Price Crosses Below 50-Day Moving Average – What’s Next?

Shares of Town Centre Securities Plc (LON:TOWNGet Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 125.24 and traded as low as GBX 124.64. Town Centre Securities shares last traded at GBX 128, with a volume of 9,377 shares.

Town Centre Securities Trading Up 4.1%

The firm has a market capitalization of £53.77 million, a price-to-earnings ratio of -15.61 and a beta of 1.11. The company has a fifty day moving average price of GBX 125.24 and a 200-day moving average price of GBX 127.99. The company has a current ratio of 0.78, a quick ratio of 0.65 and a debt-to-equity ratio of 133.21.

Insider Buying and Selling

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

About Town Centre Securities

(Get Free Report)

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.

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