Town Centre Securities (LON:TOWN) Stock Crosses Below 50-Day Moving Average of $148.66

Shares of Town Centre Securities Plc (LON:TOWNGet Free Report) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 148.66 ($1.89) and traded as low as GBX 145 ($1.85). Town Centre Securities shares last traded at GBX 147 ($1.87), with a volume of 10,570 shares trading hands.

Town Centre Securities Stock Performance

The company has a 50-day moving average of GBX 148.74 and a 200-day moving average of GBX 138.22. The company has a market cap of £61.93 million, a PE ratio of -244.83 and a beta of 1.03. The company has a quick ratio of 0.65, a current ratio of 0.70 and a debt-to-equity ratio of 130.44.

Town Centre Securities Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, June 14th. Shareholders of record on Thursday, May 23rd were issued a GBX 2.50 ($0.03) dividend. The ex-dividend date of this dividend was Thursday, May 23rd. This represents a yield of 1.88%. Town Centre Securities’s dividend payout ratio (DPR) is presently -833.33%.

Insiders Place Their Bets

In other Town Centre Securities news, insider Michael Ziff sold 20,000 shares of the company’s stock in a transaction dated Wednesday, April 10th. The shares were sold at an average price of GBX 141 ($1.80), for a total transaction of £28,200 ($35,909.84). Corporate insiders own 65.85% of the company’s stock.

About Town Centre Securities

(Get Free Report)

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.

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