Telecom Plus Plc (LON:TEP - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 2,010 ($26.70) and last traded at GBX 2,005 ($26.63), with a volume of 34505 shares traded. The stock had previously closed at GBX 2,000 ($26.57).
Analyst Upgrades and Downgrades
Separately, Berenberg Bank began coverage on shares of Telecom Plus in a research note on Wednesday, May 7th. They issued a "buy" rating and a GBX 2,600 ($34.54) price objective for the company.
Read Our Latest Report on TEP
Telecom Plus Stock Up 1.1%
The company's 50 day moving average price is GBX 1,791.79 and its two-hundred day moving average price is GBX 1,737.68. The company has a quick ratio of 1.29, a current ratio of 1.77 and a debt-to-equity ratio of 77.52. The stock has a market cap of £1.59 billion, a P/E ratio of 22.52, a P/E/G ratio of 2.86 and a beta of 0.57.
About Telecom Plus
(
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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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