Shares of Town Centre Securities Plc (LON:TOWN – Get Free Report) dropped 8% during trading on Wednesday . The company traded as low as GBX 127 ($1.65) and last traded at GBX 131.53 ($1.71). Approximately 211,630 shares changed hands during trading, an increase of 1,859% from the average daily volume of 10,803 shares. The stock had previously closed at GBX 143 ($1.86).
Town Centre Securities Trading Down 2.9 %
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 business’s 50 day moving average is GBX 139.44 and its 200 day moving average is GBX 142.55. The stock has a market cap of £56.88 million, a price-to-earnings ratio of -225.03 and a beta of 1.11.
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.
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