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

Town Centre Securities Plc (LON:TOWN) insider Michael Ziff sold 45,000 shares of Town Centre Securities stock in a transaction dated Monday, March 31st. The shares were sold at an average price of GBX 134 ($1.73), for a total value of £60,300 ($77,957.34).

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 transaction of £35,400 ($45,766.00).

Town Centre Securities Stock Performance

Town Centre Securities stock opened at GBX 135.04 ($1.75) on Wednesday. Town Centre Securities Plc has a 1-year low of GBX 113 ($1.46) and a 1-year high of GBX 165 ($2.13). 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 firm has a market capitalization of £56.89 million, a PE ratio of -7.56 and a beta of 1.11. The firm’s 50 day simple moving average is GBX 132.67 and its 200 day simple moving average is GBX 133.29.

Town Centre Securities (LON:TOWN) last released its quarterly earnings results on Thursday, March 27th. The company reported GBX 4.20 ($0.05) earnings per share for the quarter. Town Centre Securities had a negative net margin of 23.60% and a negative return on equity of 6.58%. As a group, analysts expect that Town Centre Securities Plc will post 6.4926063 earnings per share for the current fiscal year.

Town Centre Securities Dividend Announcement

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

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.