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

Town Centre Securities Plc (LON:TOWN) insider Michael Ziff sold 45,000 shares of the stock in a transaction on Monday, March 31st. The shares were sold at an average price of GBX 134 ($1.73), for a total value of £60,300 ($77,906.98).

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 stock was sold at an average price of GBX 118 ($1.52), for a total value of £35,400 ($45,736.43).

Town Centre Securities Stock Performance

Shares of LON TOWN opened at GBX 135.25 ($1.75) on Tuesday. The company has a quick ratio of 0.65, a current ratio of 0.78 and a debt-to-equity ratio of 133.21. The firm’s 50-day moving average price is GBX 132.67 and its 200-day moving average price is GBX 133.29. Town Centre Securities Plc has a 52-week low of GBX 113 ($1.46) and a 52-week high of GBX 165 ($2.13). The company has a market cap of £56.98 million, a PE ratio of -7.58 and a beta of 1.11.

Town Centre Securities (LON:TOWN) last posted its earnings results on Thursday, March 27th. The company reported GBX 4.20 ($0.05) EPS 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 anticipate that Town Centre Securities Plc will post 6.4926063 EPS for the current year.

Town Centre Securities Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Friday, June 13th. Investors of record on Thursday, May 22nd will be given a dividend of GBX 2.50 ($0.03) per share. This represents a yield of 1.81%. The ex-dividend date is Thursday, May 22nd. Town Centre Securities’s dividend payout ratio (DPR) is presently -28.00%.

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.