Town Centre Securities (LON:TOWN) Stock Price Passes Above Fifty Day Moving Average – Time to Sell?

Shares of Town Centre Securities Plc (LON:TOWN) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 119.23 and traded as high as GBX 133. Town Centre Securities shares last traded at GBX 132, with a volume of 3,011 shares.

Town Centre Securities Stock Up 1.5%

The stock has a market capitalization of £55.45 million, a PE ratio of -9.64 and a beta of 0.64. The company has a current ratio of 0.95, a quick ratio of 0.65 and a debt-to-equity ratio of 160.89. The company’s 50-day moving average is GBX 119.23 and its 200 day moving average is GBX 119.65.

Insider Buying and Selling

In other Town Centre Securities news, insider Michael Ziff sold 100,000 shares of the company’s stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of GBX 129, for a total transaction of £129,000. Also, insider Ben Ziff sold 120,500 shares of the firm’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of GBX 115, for a total transaction of £138,575. Corporate insiders own 22.66% of the company’s stock.

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.