Town Centre Securities (LON:TOWN) Stock Crosses Below 50 Day Moving Average - Should You Sell?

Town Centre Securities Plc (LON:TOWN - Get Free Report) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 138.38 ($1.86) and traded as low as GBX 134 ($1.80). Town Centre Securities shares last traded at GBX 138 ($1.86), with a volume of 117 shares changing hands.

Town Centre Securities Stock Performance

The company has a market cap of £58.14 million, a P/E ratio of -7.73 and a beta of 1.11. The company has a 50 day moving average price of GBX 138.38 and a 200-day moving average price of GBX 133.42. The company has a current ratio of 0.78, a quick ratio of 0.65 and a debt-to-equity ratio of 133.21.

Town Centre Securities (LON:TOWN - Get Free Report) last issued its quarterly earnings data on Thursday, March 27th. The company reported GBX 4.20 ($0.06) EPS for the quarter. Town Centre Securities had a negative return on equity of 6.58% and a negative net margin of 23.60%. On average, equities analysts expect that Town Centre Securities Plc will post 6.4926063 earnings per share for the current fiscal year.

Town Centre Securities Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, June 13th. Stockholders of record on Thursday, May 22nd were issued a GBX 2.50 ($0.03) dividend. This represents a dividend yield of 1.81%. The ex-dividend date was Thursday, May 22nd. Town Centre Securities's dividend payout ratio is presently -28.00%.

Insider Activity

In other news, insider Ben Ziff sold 29,900 shares of the company's stock in a transaction that occurred on Tuesday, April 22nd. The stock was sold at an average price of GBX 134 ($1.80), for a total value of £40,066 ($53,881.12). Also, insider Michael Ziff sold 45,000 shares of the company's stock in a transaction that occurred on Monday, March 31st. The shares were sold at an average price of GBX 134 ($1.80), for a total value of £60,300 ($81,091.98). 56.94% 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.