Telecom Plus Plc (LON:TEP) Insider Sells £171,802.96 in Stock

Telecom Plus Plc (LON:TEP - Get Free Report) insider Stuart Burnett sold 8,642 shares of the company's stock in a transaction on Monday, July 21st. The stock was sold at an average price of GBX 1,988 ($27.01), for a total value of £171,802.96 ($233,427.93).

Telecom Plus Trading Down 3.1%

Shares of TEP stock traded down GBX 61.24 ($0.83) on Thursday, hitting GBX 1,930.76 ($26.23). The company had a trading volume of 87,145 shares, compared to its average volume of 161,877. The firm has a market cap of £1.54 billion, a P/E ratio of 21.74, a P/E/G ratio of 2.86 and a beta of 0.57. The stock's 50-day moving average is GBX 2,010.96 and its two-hundred day moving average is GBX 1,829.28. The company has a debt-to-equity ratio of 77.52, a quick ratio of 1.29 and a current ratio of 1.77. Telecom Plus Plc has a twelve month low of GBX 1,580 ($21.47) and a twelve month high of GBX 2,100 ($28.53).

Telecom Plus (LON:TEP - Get Free Report) last released its quarterly earnings data on Tuesday, June 24th. The company reported GBX 119.20 ($1.62) earnings per share for the quarter. Telecom Plus had a net margin of 3.48% and a return on equity of 31.35%. On average, equities research analysts anticipate that Telecom Plus Plc will post 118.0645161 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank began coverage on Telecom Plus in a research note on Wednesday, May 7th. They issued a "buy" rating and a GBX 2,600 ($35.33) price target for the company.

Telecom Plus Company Profile

Telecom Plus Plc provides a range of utility services in the United Kingdom. It offers various services, including gas, electricity, fixed line telephony, mobile telephony, broadband, and insurance, as well as bill protection and life cover, home insurance and boiler cover, and cashback card services under the Utility Warehouse and TML brands.