Town Centre Securities (LON:TOWN) Shares Cross Below 50 Day Moving Average – What’s Next?

Town Centre Securities Plc (LON:TOWN) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 116.58 and traded as low as GBX 111. Town Centre Securities shares last traded at GBX 116, with a volume of 20,458 shares changing hands.

Town Centre Securities Price Performance

The stock has a market capitalization of £48.73 million, a P/E ratio of -8.47 and a beta of 0.64. The business has a fifty day simple moving average of GBX 116.58 and a 200-day simple moving average of GBX 119.39. The company has a debt-to-equity ratio of 160.89, a quick ratio of 0.65 and a current ratio of 0.95.

Insider Buying and Selling

In other Town Centre Securities news, insider Ben Ziff sold 120,500 shares of Town Centre Securities stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of GBX 115, for a total value of £138,575. Insiders own 22.90% of the company’s stock.

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.