Town Centre Securities (LON:TOWN) Trading Down 0.7% - Should You Sell?

Town Centre Securities Plc (LON:TOWN - Get Free Report) was down 0.7% during trading on Monday . The stock traded as low as GBX 125.28 ($1.68) and last traded at GBX 139 ($1.87). Approximately 20,052 shares changed hands during mid-day trading, an increase of 145% from the average daily volume of 8,175 shares. The stock had previously closed at GBX 140 ($1.88).

Town Centre Securities Stock Down 4.1%

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's fifty day simple moving average is GBX 138.91 and its 200 day simple moving average is GBX 134.53. The firm has a market capitalization of £54.96 million, a P/E ratio of -7.31 and a beta of 1.11.

Insider Activity

In related news, insider Ben Ziff sold 29,900 shares of the stock in a transaction dated Tuesday, April 22nd. The shares were sold at an average price of GBX 134 ($1.80), for a total value of £40,066 ($53,765.43). 56.94% of the stock is currently owned by 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.