Town Centre Securities (LON:TOWN) Shares Down 8% - What's Next?

Town Centre Securities Plc (LON:TOWN - Get Free Report)'s stock price dropped 8% during trading on Wednesday . The company traded as low as GBX 127 ($1.65) and last traded at GBX 131.53 ($1.71). Approximately 211,630 shares were traded during mid-day trading, an increase of 1,859% from the average daily volume of 10,803 shares. The stock had previously closed at GBX 143 ($1.86).

Town Centre Securities Stock Performance

The stock's 50-day simple moving average is GBX 139.57 and its 200 day simple moving average is GBX 142.59. The stock has a market capitalization of £54.77 million, a price-to-earnings ratio of -216.67 and a beta of 1.11. The company has a quick ratio of 0.65, a current ratio of 0.70 and a debt-to-equity ratio of 130.44.

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.