Town Centre Securities (LON:TOWN) Reaches New 1-Year High at $153.49

Town Centre Securities Plc (LON:TOWN) shares reached a new 52-week high on Thursday . The company traded as high as GBX 153.49 ($1.93) and last traded at GBX 153.49 ($1.93), with a volume of 18128 shares changing hands. The stock had previously closed at GBX 147 ($1.85).

Town Centre Securities Stock Performance

The business’s 50-day simple moving average is GBX 138.27 and its two-hundred day simple moving average is GBX 133.77. The company has a quick ratio of 0.65, a current ratio of 0.70 and a debt-to-equity ratio of 130.44. The firm has a market cap of £63.66 million, a price-to-earnings ratio of -244.83 and a beta of 1.04.

Town Centre Securities Dividend Announcement

The firm also recently declared a dividend, which will be paid on Friday, June 14th. Investors of record on Thursday, May 23rd will be issued a GBX 2.50 ($0.03) dividend. The ex-dividend date is Thursday, May 23rd. This represents a yield of 1.88%. Town Centre Securities’s payout ratio is -833.33%.

Insider Buying and Selling at Town Centre Securities

In other news, insider Michael Ziff sold 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, April 10th. The stock was sold at an average price of GBX 141 ($1.77), for a total transaction of £28,200 ($35,427.14). 65.85% of the stock is owned by corporate insiders.

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.