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Town Centre Securities (LON:TOWN) Announces Earnings Results

Town Centre Securities logo with Real Estate background
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Town Centre Securities (LON:TOWN - Get Free Report) released its earnings results on Thursday. The company reported GBX 4.20 ($0.05) EPS for the quarter, Digital Look Earnings reports. Town Centre Securities had a negative return on equity of 6.58% and a negative net margin of 23.60%.

Town Centre Securities Price Performance

Shares of TOWN stock traded down GBX 2.75 ($0.04) during trading hours on Monday, hitting GBX 135.25 ($1.75). 2,076 shares of the company's stock were exchanged, compared to its average volume of 6,830. Town Centre Securities has a 12-month low of GBX 113 ($1.46) and a 12-month high of GBX 165 ($2.13). The company has a market capitalization of £56.98 million, a PE ratio of -7.58 and a beta of 1.11. The business's 50 day simple moving average is GBX 132.37 and its 200-day simple moving average is GBX 133.38. 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 Dividend Announcement

The firm also recently declared a dividend, which will be paid on Friday, June 13th. Shareholders of record on Thursday, May 22nd will be given a dividend of GBX 2.50 ($0.03) per share. This represents a yield of 1.81%. The ex-dividend date is Thursday, May 22nd. Town Centre Securities's payout ratio is currently -28.00%.

Insider Activity at Town Centre Securities

In other news, insider Michael Ziff sold 30,000 shares of the business's stock in a transaction dated Monday, February 10th. The stock was sold at an average price of GBX 118 ($1.53), for a total value of £35,400 ($45,771.92). 56.94% of the stock is owned by insiders.

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Town Centre Securities Company Profile

(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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