Town Centre Securities (LON:TOWN) Stock Price Passes Below 50-Day Moving Average – What’s Next?

Town Centre Securities Plc (LON:TOWN) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 127.80 and traded as low as GBX 126. Town Centre Securities shares last traded at GBX 126, with a volume of 8,026 shares.

Town Centre Securities Price Performance

The stock has a market capitalization of £55.03 million, a PE ratio of -15.98 and a beta of 1.11. The company has a debt-to-equity ratio of 133.21, a current ratio of 0.78 and a quick ratio of 0.65. The stock’s fifty day moving average is GBX 127.80 and its 200-day moving average is GBX 133.66.

Town Centre Securities (LON:TOWN) last issued its quarterly earnings data on Friday, October 17th. The company reported GBX (8.20) earnings per share for the quarter. Town Centre Securities had a negative return on equity of 6.58% and a negative net margin of 23.60%. As a group, equities analysts predict that Town Centre Securities Plc will post 6.4926063 earnings per share for the current fiscal year.

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.