Town Centre Securities (LON:TOWN) Stock Price Up 4.6% – What’s Next?

Town Centre Securities Plc (LON:TOWN)’s stock price traded up 4.6% during mid-day trading on Thursday . The stock traded as high as GBX 136.99 ($1.72) and last traded at GBX 136 ($1.70). 2,850 shares were traded during trading, a decline of 75% from the average session volume of 11,346 shares. The stock had previously closed at GBX 130 ($1.63).

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 firm has a 50-day moving average of GBX 138.57 and a 200-day moving average of GBX 141.63. The stock has a market cap of £55.61 million, a PE ratio of -220.00 and a beta of 1.11.

Insider Buying and Selling

In related news, insider Michael Ziff sold 15,300 shares of the business’s stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of GBX 130 ($1.63), for a total value of £19,890 ($24,934.19). 56.94% of the stock is owned by company 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.