Town Centre Securities (LON:TOWN) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Shares of Town Centre Securities Plc (LON:TOWN) passed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of GBX 121.42 and traded as low as GBX 118.55. Town Centre Securities shares last traded at GBX 118.55, with a volume of 2,828 shares changing hands.

Town Centre Securities Stock Performance

The stock has a 50 day simple moving average of GBX 124.55 and a 200 day simple moving average of GBX 121.42. The company has a market cap of £49.80 million, a price-to-earnings ratio of -8.65 and a beta of 0.65. The company has a quick ratio of 0.65, a current ratio of 0.47 and a debt-to-equity ratio of 154.00.

Town Centre Securities (LON:TOWN) last released its quarterly earnings results on Thursday, October 15th. The company reported GBX (3.20) earnings per share for the quarter. Town Centre Securities had a negative return on equity of 1.25% and a negative net margin of 3.87%. As a group, analysts predict that Town Centre Securities Plc will post 6.49 EPS for the current year.

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.