Michael Ziff Sells 45,000 Shares of Town Centre Securities Plc (LON:TOWN) Stock

Town Centre Securities Plc (LON:TOWN) insider Michael Ziff sold 45,000 shares of the stock in a transaction on Monday, March 31st. The stock was sold at an average price of GBX 134 ($1.73), for a total value of £60,300 ($77,967.42).

Michael Ziff also recently made the following trade(s):

• On Monday, February 10th, Michael Ziff sold 30,000 shares of Town Centre Securities stock. The shares were sold at an average price of GBX 118 ($1.53), for a total value of £35,400 ($45,771.92).

Town Centre Securities Trading Down 2.0 %

LON:TOWN traded down GBX 2.75 ($0.04) during mid-day trading on Monday, reaching GBX 135.25 ($1.75). The company’s stock had a trading volume of 2,076 shares, compared to its average volume of 6,830. The company has a debt-to-equity ratio of 133.21, a current ratio of 0.78 and a quick ratio of 0.65. The stock has a market cap of £56.98 million, a P/E ratio of -7.58 and a beta of 1.11. The company’s fifty day simple moving average is GBX 132.37 and its two-hundred day simple moving average is GBX 133.38. Town Centre Securities Plc has a twelve month low of GBX 113 ($1.46) and a twelve month high of GBX 165 ($2.13).

Town Centre Securities (LON:TOWN) last released its quarterly earnings data on Thursday, March 27th. The company reported GBX 4.20 ($0.05) EPS for the quarter. Town Centre Securities had a negative return on equity of 6.58% and a negative net margin of 23.60%. On average, equities analysts predict that Town Centre Securities Plc will post 6.4926063 EPS for the current year.

Town Centre Securities Dividend Announcement

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