Town Centre Securities (LON:TOWN) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

Shares of Town Centre Securities Plc (LON:TOWN) crossed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of GBX 121.36 and traded as low as GBX 118. Town Centre Securities shares last traded at GBX 121, with a volume of 23,242 shares changing hands.

Town Centre Securities Stock Down 0.4%

The company has a debt-to-equity ratio of 154.00, a current ratio of 0.47 and a quick ratio of 0.65. The firm has a market capitalization of £51.69 million, a P/E ratio of -38.45 and a beta of 0.65. The company’s 50-day simple moving average is GBX 124 and its two-hundred day simple moving average is GBX 121.36.

Town Centre Securities (LON:TOWN) last issued its quarterly earnings results on Thursday, October 15th. The company reported GBX (3.20) earnings per share for the quarter. Town Centre Securities had a negative return on equity of 1.25% and a negative net margin of 3.87%. As a group, research analysts expect that Town Centre Securities Plc will post 6.49 earnings per share for the current 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.