Town Centre Securities (LON:TOWN) Shares Up 3.1% - Here's What Happened

Key Points

• Town Centre Securities Plc shares increased by 3.1%, reaching a trading price of GBX 134 ($1.80) on Monday.
• The company's market capitalization stands at £56.45 million, with a P/E ratio of -7.51 and a significant debt-to-equity ratio of 133.21.
• Trading volume decreased by 47%, with only 4,730 shares exchanged compared to the average of 8,938 shares.

Town Centre Securities Plc (LON:TOWN - )'s share price shot up 3.1% during trading on Monday . The stock traded as high as GBX 134 ($1.80) and last traded at GBX 134 ($1.80). 4,730 shares traded hands during trading, a decline of 47% from the average session volume of 8,938 shares. The stock had previously closed at GBX 130 ($1.75).

Town Centre Securities Price Performance

The firm has a 50-day moving average price of GBX 135.09 and a 200 day moving average price of GBX 136.76. The company has a debt-to-equity ratio of 133.21, a quick ratio of 0.65 and a current ratio of 0.78. The stock has a market capitalization of £56.45 million, a P/E ratio of -7.51 and a beta of 1.11.

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.

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