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

Shares of Town Centre Securities Plc (LON:TOWN) hit a new 52-week high during trading 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 traded. The stock had previously closed at GBX 147 ($1.85).

Town Centre Securities Trading Up 2.7 %

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

Town Centre Securities Dividend Announcement

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

Insider Transactions at Town Centre Securities

In other Town Centre Securities news, insider Michael Ziff sold 54,280 shares of the company’s stock in a transaction on Wednesday, March 27th. The stock was sold at an average price of GBX 135 ($1.70), for a total value of £73,278 ($92,057.79). 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.