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Town Centre Securities (LON:TOWN) Sets New 52-Week Low - Here's What Happened

Town Centre Securities logo with Real Estate background

Town Centre Securities Plc (LON:TOWN - Get Free Report)'s share price hit a new 52-week low during trading on Monday . The stock traded as low as GBX 113 ($1.39) and last traded at GBX 120 ($1.48), with a volume of 22767 shares trading hands. The stock had previously closed at GBX 126 ($1.55).

Town Centre Securities Price Performance

The company has a debt-to-equity ratio of 130.44, a quick ratio of 0.65 and a current ratio of 0.70. The stock's 50-day moving average is GBX 128.83 and its two-hundred day moving average is GBX 135.46. The stock has a market cap of £50.56 million, a PE ratio of -200.00 and a beta of 1.11.

Insiders Place Their Bets

In other Town Centre Securities news, insider Michael Ziff sold 15,300 shares of the business's stock in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of GBX 130 ($1.60), for a total transaction of £19,890 ($24,525.28). Insiders own 56.94% of the company's stock.

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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