Town Centre Securities (LON:TOWN) Issues Quarterly Earnings Results

Town Centre Securities (LON:TOWN) announced its quarterly earnings data 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 up GBX 1.99 during midday trading on Thursday, reaching GBX 127.99. The company’s stock had a trading volume of 5,136 shares, compared to its average volume of 13,099. The firm has a market capitalization of £53.76 million, a PE ratio of -9.34 and a beta of 0.65. Town Centre Securities has a twelve month low of GBX 104.03 and a twelve month high of GBX 139. The stock has a fifty day moving average of GBX 126.03 and a 200 day moving average of GBX 121.14. The company has a quick ratio of 0.65, a current ratio of 0.95 and a debt-to-equity ratio of 160.89.

Insider Activity

In related 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 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.