Town Centre Securities Plc (LON:TOWN) Insider Sells £73,278 in Stock

Town Centre Securities Plc (LON:TOWN - Get Free Report) insider Michael Ziff sold 54,280 shares of Town Centre Securities stock in a transaction on Wednesday, March 27th. The stock was sold at an average price of GBX 135 ($1.69), for a total transaction of £73,278 ($91,988.45).

Town Centre Securities Trading Down 4.3 %

TOWN stock traded down GBX 6 ($0.08) during trading on Tuesday, hitting GBX 134 ($1.68). 62,343 shares of the company traded hands, compared to its average volume of 11,334. The company has a debt-to-equity ratio of 130.44, a quick ratio of 0.65 and a current ratio of 0.70. The company has a 50-day moving average of GBX 131.86 and a 200-day moving average of GBX 129.29. The firm has a market capitalization of £56.49 million, a PE ratio of -223.33 and a beta of 1.04. Town Centre Securities Plc has a 1 year low of GBX 110 ($1.38) and a 1 year high of GBX 150 ($1.88).

Town Centre Securities Announces Dividend

The business also recently disclosed a dividend, which will be paid on Friday, June 14th. Stockholders of record on Thursday, May 23rd will be paid a dividend of GBX 2.50 ($0.03) per share. This represents a dividend yield of 1.88%. The ex-dividend date is Thursday, May 23rd. Town Centre Securities's dividend payout ratio (DPR) is presently -833.33%.

About Town Centre Securities

(Get Free Report)

TCS has a high quality portfolio around the UK comprising over 2.5m sq ft of prime commercial, residential, car parking, office, leisure & retail accommodation. This is in additon to our development pipeline which has an estimated GDV of over £600m. With over 60 years' experience, a commitment to sustainable development and a reputation for quality & innovation, TCS create outstanding mixed use developments close to transport hubs in Leeds, Manchester, Glasgow and London.

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