Insider Selling: Town Centre Securities (LON:TOWN) Insider Sells 120,500 Shares of Stock

Key Points

  • Insider sale: Town Centre Securities insider Ben Ziff sold 120,500 shares on May 20 at an average price of GBX 115, totaling £138,575.
  • Stock performance: The shares were down 8.1% and opened at GBX 114, near their 50-day average of GBX 118.08 and below the 200-day average of GBX 122.79.
  • Company snapshot: Town Centre Securities has a market cap of £47.89 million and reported a quarterly EPS of GBX (3.20), with negative net margin and return on equity.

Town Centre Securities Plc (LON:TOWN - Get Free Report) insider Ben Ziff sold 120,500 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of GBX 115, for a total transaction of £138,575.

Town Centre Securities Stock Down 8.1%

Shares of TOWN opened at GBX 114 on Friday. The company has a current ratio of 0.95, a quick ratio of 0.65 and a debt-to-equity ratio of 160.89. Town Centre Securities Plc has a 12 month low of GBX 104.03 and a 12 month high of GBX 150. The stock's 50 day moving average is GBX 118.08 and its two-hundred day moving average is GBX 122.79. The firm has a market cap of £47.89 million, a P/E ratio of -8.32 and a beta of 0.65.

Town Centre Securities (LON:TOWN - Get Free Report) last issued its quarterly earnings data on Thursday, March 26th. The company reported GBX (3.20) EPS for the quarter. Town Centre Securities had a negative net margin of 15.27% and a negative return on equity of 4.75%. Analysts predict that Town Centre Securities Plc will post 6.4926063 earnings per share for the current fiscal year.

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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