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Town Centre Securities (LON:TOWN) Share Price Crosses Below 50-Day Moving Average - Time to Sell?

Town Centre Securities logo with Real Estate background

Town Centre Securities Plc (LON:TOWN - Get Free Report) shares passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 136.68 ($1.83) and traded as low as GBX 135 ($1.81). Town Centre Securities shares last traded at GBX 135 ($1.81), with a volume of 4,477 shares.

Town Centre Securities Stock Performance

The company has a current ratio of 0.78, a quick ratio of 0.65 and a debt-to-equity ratio of 133.21. The company has a market capitalization of £56.87 million, a price-to-earnings ratio of -7.56 and a beta of 1.11. The stock's fifty day simple moving average is GBX 136.59 and its 200-day simple moving average is GBX 132.31.

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

Town Centre Securities Dividend Announcement

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

Insider Activity at Town Centre Securities

In other news, insider Michael Ziff sold 45,000 shares of the firm's stock in a transaction that occurred on Monday, March 31st. The shares were sold at an average price of GBX 134 ($1.79), for a total transaction of £60,300 ($80,755.32). Also, insider Ben Ziff sold 29,900 shares of the company's stock in a transaction on Tuesday, April 22nd. The shares were sold at an average price of GBX 134 ($1.79), for a total transaction of £40,066 ($53,657.43). 56.94% of the stock is currently owned by corporate insiders.

Town Centre Securities Company Profile

(Get Free Report)

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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