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

Key Points

• Town Centre Securities shares fell below their 50-day moving average, trading at GBX 124.80 ($1.69), with an average of GBX 132.90 ($1.80).
• The company has a market cap of £52.42 million and a significantly high P/E ratio of -7,800.00, indicating financial challenges.
• Town Centre Securities is involved primarily in property investment, development, and car parking services in the UK.

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 132.90 ($1.81) and traded as low as GBX 124.80 ($1.70). Town Centre Securities shares last traded at GBX 124.80 ($1.70), with a volume of 10,000 shares traded.

Town Centre Securities Stock Up 0.4%

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 company has a market cap of £53.35 million, a price-to-earnings ratio of -7,937.50 and a beta of 1.11. The stock's fifty day moving average is GBX 132.64 and its two-hundred day moving average is GBX 135.88.

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.