Telecom Plus Plc (LON:TEP - Get Free Report)'s share price reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 2,095 ($28.28) and last traded at GBX 2,025 ($27.34), with a volume of 58338 shares. The stock had previously closed at GBX 2,045 ($27.61).
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank began coverage on Telecom Plus in a report on Wednesday, May 7th. They issued a "buy" rating and a GBX 2,600 ($35.10) price objective for the company.
View Our Latest Stock Analysis on Telecom Plus
Telecom Plus Stock Performance
The company has a current ratio of 1.77, a quick ratio of 1.29 and a debt-to-equity ratio of 77.52. The firm has a market capitalization of £1.62 billion, a PE ratio of 22.97, a price-to-earnings-growth ratio of 2.86 and a beta of 0.57. The business's 50 day simple moving average is GBX 1,894.05 and its two-hundred day simple moving average is GBX 1,776.08.
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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