Town Centre Securities (LON:TOWN) Announces Earnings Results

Town Centre Securities (LON:TOWN) posted its earnings results on Thursday. The company reported GBX 4.20 ($0.05) earnings per share 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 Stock Performance

TOWN opened at GBX 142 ($1.84) on Friday. The company’s 50 day moving average is GBX 132.05 and its 200 day 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. The company has a market cap of £59.82 million, a price-to-earnings ratio of -7.95 and a beta of 1.11. Town Centre Securities has a 12-month low of GBX 113 ($1.46) and a 12-month high of GBX 165 ($2.14).

Insider Buying and Selling at Town Centre Securities

In other news, insider Michael Ziff sold 30,000 shares of Town Centre Securities stock in a transaction dated Monday, February 10th. The stock was sold at an average price of GBX 118 ($1.53), for a total transaction of £35,400 ($45,831.18). 56.94% of the stock is owned by corporate insiders.

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.