Telecom Plus Plc (LON:TEP - Get Free Report)'s share price hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 2,065 ($27.87) and last traded at GBX 2,049.03 ($27.66), with a volume of 4848 shares changing hands. The stock had previously closed at GBX 2,035 ($27.47).
Analyst Upgrades and Downgrades
Separately, Berenberg Bank initiated coverage on Telecom Plus in a research note on Wednesday, May 7th. They issued a "buy" rating and a GBX 2,600 ($35.09) price objective for the company.
Get Our Latest Analysis on TEP
Telecom Plus Stock Up 0.5%
The company has a debt-to-equity ratio of 77.52, a current ratio of 1.77 and a quick ratio of 1.29. The stock has a fifty day moving average price of GBX 1,838.23 and a two-hundred day moving average price of GBX 1,756.75. The company has a market cap of £1.61 billion, a P/E ratio of 22.75, a price-to-earnings-growth ratio of 2.86 and a beta of 0.57.
Telecom Plus Company Profile
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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.
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