Town Centre Securities (LON:TOWN) Share Price Breaks Below 50-Day Moving Average – Should You Sell?

Shares of Town Centre Securities Plc (LON:TOWN) passed below its 50-day moving average during trading on Friday. The stock has a 50-day moving average of GBX 127.32 and traded as low as GBX 120.06. Town Centre Securities shares last traded at GBX 122.12, with a volume of 4,604 shares.

Town Centre Securities Stock Performance

The firm has a market cap of £51.30 million, a PE ratio of -8.91 and a beta of 0.65. The stock has a 50-day moving average price of GBX 127.32 and a 200 day moving average price of GBX 120.51. The company has a debt-to-equity ratio of 160.89, a current ratio of 0.95 and a quick ratio of 0.65.

Insider Transactions at Town Centre Securities

In other Town Centre Securities news, insider Michael Ziff sold 100,000 shares of Town Centre Securities stock in a transaction dated Thursday, July 30th. The stock was sold at an average price of GBX 129, for a total value of £129,000. Insiders own 22.66% 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.