Town Centre Securities (LON:TOWN) Share Price Crosses Below Fifty Day Moving Average - Time to Sell?

Key Points

• Town Centre Securities shares crossed below their 50-day moving average (GBX 120.99), trading as low as GBX 115 and last at GBX 120 on a volume of 6,822 shares.
• The company shows strained fundamentals with high leverage (debt-to-equity 160.89), weak liquidity (current ratio 0.95, quick ratio 0.65), a negative quarterly EPS of GBX (3.20), negative margins and ROE, and a market cap of £50.41 million.
• Insider Michael Ziff sold 25,000 shares at GBX 124 on January 8, and corporate insiders collectively own 23.01% of the stock.

Shares of Town Centre Securities Plc (LON:TOWN - Get Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 120.99 and traded as low as GBX 115. Town Centre Securities shares last traded at GBX 120, with a volume of 6,822 shares trading hands.

Town Centre Securities Stock Performance

The company has a debt-to-equity ratio of 160.89, a quick ratio of 0.65 and a current ratio of 0.95. The company has a market capitalization of £50.41 million, a price-to-earnings ratio of -14.63 and a beta of 0.69. The firm has a fifty day moving average price of GBX 120.99 and a 200-day moving average price of GBX 124.83.

Town Centre Securities (LON:TOWN - Get Free Report) last announced its quarterly earnings data on Thursday, March 26th. The company reported GBX (3.20) EPS for the quarter. Town Centre Securities had a negative net margin of 15.27% and a negative return on equity of 4.75%. As a group, equities analysts anticipate that Town Centre Securities Plc will post 6.4926063 EPS for the current year.

Insider Buying and Selling

In other news, insider Michael Ziff sold 25,000 shares of Town Centre Securities stock in a transaction on Thursday, January 8th. The shares were sold at an average price of GBX 124, for a total transaction of £31,000. 23.01% of the stock is currently owned by corporate insiders.

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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