Town Centre Securities (LON:TOWN) Hits New 12-Month Low – What’s Next?

Town Centre Securities Plc (LON:TOWN) hit a new 52-week low on Monday . The company traded as low as GBX 113 ($1.39) and last traded at GBX 120 ($1.48), with a volume of 22767 shares traded. The stock had previously closed at GBX 126 ($1.55).

Town Centre Securities Stock Performance

The business has a 50-day moving average of GBX 128.83 and a two-hundred day moving average of GBX 135.46. The company has a debt-to-equity ratio of 130.44, a current ratio of 0.70 and a quick ratio of 0.65. The company has a market cap of £51.96 million, a P/E ratio of -205.56 and a beta of 1.11.

Insider Transactions at Town Centre Securities

In other news, insider Michael Ziff sold 15,300 shares of the firm’s stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of GBX 130 ($1.60), for a total value of £19,890 ($24,522.25). Insiders own 56.94% of the company’s stock.

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.