Telecom Plus (LON:TEP) Stock Price Crosses Below 200 Day Moving Average - Should You Sell?

Telecom Plus Plc (LON:TEP - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 1,836.59 ($24.26) and traded as low as GBX 1,815.50 ($23.98). Telecom Plus shares last traded at GBX 1,831.82 ($24.20), with a volume of 115,888 shares.

Analyst Ratings Changes

Separately, Berenberg Bank assumed coverage on Telecom Plus in a report on Wednesday, May 7th. They issued a "buy" rating and a GBX 2,600 ($34.35) target price for the company.

Telecom Plus Stock Down 0.0%

The business has a fifty day moving average price of GBX 1,993.39 and a two-hundred day moving average price of GBX 1,837.65. 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 firm has a market capitalization of £1.47 billion, a price-to-earnings ratio of 20.80, a price-to-earnings-growth ratio of 2.86 and a beta of 0.57.

Telecom Plus (LON:TEP - Get Free Report) last released its earnings results on Tuesday, June 24th. The company reported GBX 119.20 ($1.57) earnings per share for the quarter. Telecom Plus had a return on equity of 31.35% and a net margin of 3.48%. On average, equities analysts expect that Telecom Plus Plc will post 118.0645161 earnings per share for the current year.

Insider Activity at Telecom Plus

In related news, insider Nick Schoenfeld sold 5,798 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 ($26.26), for a total transaction of £115,264.24 ($152,264.52). Also, insider Stuart Burnett sold 8,642 shares of the business's stock in a transaction on Monday, July 21st. The stock was sold at an average price of GBX 1,988 ($26.26), for a total value of £171,802.96 ($226,952.39). Insiders own 11.54% of the company's stock.

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.