Town Centre Securities (LON:TOWN) Shares Pass Above Fifty Day Moving Average – Here’s Why

Shares of Town Centre Securities Plc (LON:TOWN) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 119.23 and traded as high as GBX 133. Town Centre Securities shares last traded at GBX 132, with a volume of 3,011 shares trading hands.

Town Centre Securities Price Performance

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 stock has a market cap of £55.45 million, a price-to-earnings ratio of -9.64 and a beta of 0.64. The stock has a fifty day moving average of GBX 119.23 and a 200 day moving average of GBX 119.65.

Insider Activity at Town Centre Securities

In other Town Centre Securities news, insider Michael Ziff sold 100,000 shares of Town Centre Securities stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of GBX 129, for a total transaction of £129,000. Also, insider Ben Ziff sold 120,500 shares of the company’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of GBX 115, for a total transaction of £138,575. 22.66% of the stock is currently owned by corporate 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.