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

Key Points

• Town Centre Securities reported quarterly earnings of GBX 8.20 per share, along with a negative return on equity of 6.58% and a negative net margin of 23.60%.
• The company's shares opened at GBX 126.79 and have a market capitalization of £53.26 million, with a price-to-earnings ratio of -7,924.63.
• Town Centre Securities has a high debt-to-equity ratio of 133.21 and liquidity ratios indicating challenges, with a current ratio of 0.78 and a quick ratio of 0.65.

Town Centre Securities (LON:TOWN - ) issued its quarterly earnings data on Friday. The company reported GBX (8.20) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Town Centre Securities had a negative return on equity of 6.58% and a negative net margin of 23.60%.

Town Centre Securities Price Performance

Shares of TOWN opened at GBX 126.79 on Friday. Town Centre Securities has a 1 year low of GBX 113 and a 1 year high of GBX 150. The company has a debt-to-equity ratio of 133.21, a current ratio of 0.78 and a quick ratio of 0.65. The company has a market capitalization of £53.26 million, a price-to-earnings ratio of -7,924.63 and a beta of 1.11. The business has a 50-day moving average of GBX 128.58 and a 200-day moving average of GBX 133.97.

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.

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