Town Centre Securities (LON:TOWN) Stock Passes Above Fifty Day Moving Average of $137.21

Town Centre Securities Plc (LON:TOWN)’s stock price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 137.21 ($1.72) and traded as high as GBX 145 ($1.82). Town Centre Securities shares last traded at GBX 145 ($1.82), with a volume of 37 shares changing hands.

Town Centre Securities Price Performance

The company has a debt-to-equity ratio of 130.44, a current ratio of 0.70 and a quick ratio of 0.65. The company has a fifty day moving average of GBX 137.49 and a 200-day moving average of GBX 132.90. The firm has a market cap of £61.13 million, a P/E ratio of -241.67 and a beta of 1.04.

Town Centre Securities Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Friday, June 14th. Shareholders of record on Thursday, May 23rd will be given a GBX 2.50 ($0.03) dividend. This represents a yield of 1.88%. The ex-dividend date of this dividend is Thursday, May 23rd. Town Centre Securities’s payout ratio is -833.33%.

Insider Buying and Selling at Town Centre Securities

In other Town Centre Securities news, insider Michael Ziff sold 54,280 shares of the business’s stock in a transaction on Wednesday, March 27th. The stock was sold at an average price of GBX 135 ($1.70), for a total value of £73,278 ($92,046.23). Company insiders own 65.94% of the company’s stock.

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.