Town Centre Securities (LON:TOWN) Share Price Crosses Above Fifty Day Moving Average – What’s Next?

Town Centre Securities Plc (LON:TOWN)’s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 119.23 and traded as high as GBX 133. Town Centre Securities shares last traded at GBX 132, with a volume of 3,011 shares traded.

Town Centre Securities Stock Performance

The business’s fifty day simple moving average is GBX 119.23 and its 200-day simple moving average is GBX 119.65. The firm has a market cap of £55.45 million, a P/E ratio of -9.64 and a beta of 0.64. The company has a current ratio of 0.95, a quick ratio of 0.65 and a debt-to-equity ratio of 160.89.

Insider Activity at Town Centre Securities

In related news, insider Ben Ziff sold 120,500 shares of the stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of GBX 115, for a total value of £138,575. Also, insider Michael Ziff sold 100,000 shares of the stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of GBX 129, for a total value of £129,000. 22.66% of the stock is currently owned by 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.