
Town Centre Securities (LON:TOWN) Issues Quarterly Earnings Results

Town Centre Securities (LON:TOWN) reported its quarterly earnings, revealing earnings per share of GBX 4.20 ($0.05). The company experienced a negative return on equity of 6.58% and a negative net margin of 23.60%. Shares opened at GBX 142 ($1.83), with a market cap of £59.82 million. Insider Michael Ziff sold 30,000 shares at GBX 118 ($1.52). Town Centre Securities focuses on property investment, development, and trading, and is listed on the London Stock Exchange.
Town Centre Securities (LON:TOWN - Get Free Report) issued its quarterly 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 net margin of 23.60% and a negative return on equity of 6.58%.
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Town Centre Securities Trading Up 6.4 %
Shares of Town Centre Securities stock opened at GBX 142 ($1.83) on Thursday. The firm 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 twelve month low of GBX 113 ($1.45) and a twelve month high of GBX 165 ($2.12). The business has a 50-day moving average price of GBX 131.65 and a 200-day moving average price of GBX 133.33. The company has a quick ratio of 0.65, a current ratio of 0.78 and a debt-to-equity ratio of 133.21.
Insider Transactions at Town Centre Securities
In other news, insider Michael Ziff sold 30,000 shares of Town Centre Securities stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of GBX 118 ($1.52), for a total transaction of £35,400 ($45,577.44). Company 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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