Ben Ziff Sells 29,900 Shares of Town Centre Securities Plc (LON:TOWN) Stock

Town Centre Securities Plc (LON:TOWN) insider Ben Ziff sold 29,900 shares of the stock in a transaction dated Tuesday, April 22nd. The shares were sold at an average price of GBX 134 ($1.78), for a total transaction of £40,066 ($53,350.20).

Town Centre Securities Stock Performance

TOWN opened at GBX 131 ($1.74) on Friday. The firm has a market capitalization of £55.19 million, a PE ratio of -7.34 and a beta of 1.11. The company has a current ratio of 0.78, a quick ratio of 0.65 and a debt-to-equity ratio of 133.21. Town Centre Securities Plc has a twelve month low of GBX 113 ($1.50) and a twelve month high of GBX 165 ($2.20). The firm’s 50-day moving average price is GBX 137.31 and its 200 day moving average price is GBX 132.36.

Town Centre Securities (LON:TOWN) last posted its quarterly earnings results on Thursday, March 27th. The company reported GBX 4.20 ($0.06) earnings per share (EPS) 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, sell-side analysts expect that Town Centre Securities Plc will post 6.4926063 EPS for the current fiscal year.

Town Centre Securities Announces Dividend

The business also recently announced a dividend, which will be paid on Friday, June 13th. Shareholders of record on Thursday, May 22nd will be paid a GBX 2.50 ($0.03) dividend. This represents a dividend yield of 1.81%. The ex-dividend date of this dividend is Thursday, May 22nd. Town Centre Securities’s dividend payout ratio (DPR) is presently -28.00%.

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.