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

Town Centre Securities logo with Real Estate background

Key Points

  • The stock price of Town Centre Securities crossed below its 50-day moving average of GBX 134, trading as low as GBX 120 on Thursday.
  • The company has a market capitalization of £52.93 million and a negative PE ratio of -7,862.50, indicating potential financial concerns.
  • Town Centre Securities is a UK-based public limited company engaged in property investment, development, and car parking services.
  • Interested in Town Centre Securities? Here are five stocks we like better.

Shares of Town Centre Securities Plc (LON:TOWN - Get Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 134 ($1.81) and traded as low as GBX 120 ($1.62). Town Centre Securities shares last traded at GBX 125 ($1.69), with a volume of 21,798 shares traded.

Town Centre Securities Price Performance

The company has a debt-to-equity ratio of 133.21, a current ratio of 0.78 and a quick ratio of 0.65. The stock's 50 day moving average is GBX 133.37 and its two-hundred day moving average is GBX 136.54. The stock has a market capitalization of £52.61 million, a PE ratio of -7,827.50 and a beta of 1.11.

About Town Centre Securities

(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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