Town Centre Securities (LON:TOWN) Sets New 1-Year Low – Should You Sell?

Shares of Town Centre Securities Plc (LON:TOWN) reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 117 ($1.49) and last traded at GBX 122.09 ($1.56), with a volume of 9404 shares traded. The stock had previously closed at GBX 124 ($1.58).

Town Centre Securities Stock Down 1.5 %

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 firm has a market capitalization of £51.44 million, a P/E ratio of -206.67 and a beta of 1.11. The firm’s fifty day moving average price is GBX 136.13 and its 200-day moving average price is GBX 139.59.

Insider Activity at Town Centre Securities

In other Town Centre Securities news, insider Michael Ziff sold 15,300 shares of the company’s stock in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of GBX 130 ($1.66), for a total value of £19,890 ($25,353.73). 56.94% of the stock is currently owned by corporate insiders.

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.