Town Centre Securities (LON:TOWN) Trading 4.6% Higher - Should You Buy?

Key Points

• Town Centre Securities shares increased by 4.6% during mid-day trading, reaching a last traded price of GBX 137.50 ($1.83) after a previous close of GBX 131.45 ($1.75).
• The firm has a market capitalization of £57.93 million, a negative PE ratio of -7.70, and significant debt with a debt-to-equity ratio of 133.21.
• Trading volume dropped by 56%, with only 3,710 shares exchanged compared to an average session volume of 8,463 shares.

Town Centre Securities Plc (LON:TOWN - ) traded up 4.6% during mid-day trading on Monday . The company traded as high as GBX 139 ($1.85) and last traded at GBX 137.50 ($1.83). 3,710 shares traded hands during mid-day trading, a decline of 56% from the average session volume of 8,463 shares. The stock had previously closed at GBX 131.45 ($1.75).

Town Centre Securities Stock Performance

The firm's 50 day simple moving average is GBX 137.31 and its 200 day simple moving average is GBX 135.25. The firm has a market cap of £57.93 million, a PE ratio of -7.70 and a beta of 1.11. The company has a current ratio of 0.78, a quick ratio of 0.65 and a debt-to-equity ratio of 133.21.

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.

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