Town Centre Securities (LON:TOWN) Share Price Passes Below 200-Day Moving Average – Here’s What Happened

Town Centre Securities Plc (LON:TOWN) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 138.46 ($1.76) and traded as low as GBX 123 ($1.56). Town Centre Securities shares last traded at GBX 123 ($1.56), with a volume of 156 shares.

Town Centre Securities Trading Down 3.9 %

The firm has a market capitalization of £51.82 million, a price-to-earnings ratio of -205.00 and a beta of 1.11. The company has a fifty day moving average price of GBX 134 and a 200-day moving average price of GBX 138.46. The company has a current ratio of 0.70, a quick ratio of 0.65 and a debt-to-equity ratio of 130.44.

Insider Buying and Selling at Town Centre Securities

In other news, insider Michael Ziff sold 15,300 shares of the company’s stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of GBX 130 ($1.65), for a total transaction of £19,890 ($25,286.04). Corporate insiders own 56.94% 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.