Telecom Plus (LON:TEP) Share Price Passes Above 50-Day Moving Average - Here's What Happened

Key Points

• Telecom Plus (LON:TEP) shares crossed above their 50‑day moving average (GBX 1,337.39), trading as high as GBX 1,376 and last at GBX 1,344 on a volume of 134,459 shares.
• Despite the short‑term move, the stock remains below its 200‑day moving average (GBX 1,486.79); the company has a market cap of £1.09bn, a P/E of 16.48, PEG of 2.86, beta 0.50 and a debt‑to‑equity ratio of about 101.39.
• Telecom Plus provides UK utility and telecom services — including gas, electricity, broadband, mobile and insurance — under the Utility Warehouse and TML brands.

Shares of Telecom Plus Plc (LON:TEP - ) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 1,337.39 and traded as high as GBX 1,376. Telecom Plus shares last traded at GBX 1,344, with a volume of 134,459 shares changing hands.

Telecom Plus Price Performance

The company has a market capitalization of £1.09 billion, a PE ratio of 16.48, a PEG ratio of 2.86 and a beta of 0.50. The firm has a fifty day moving average of GBX 1,337.39 and a two-hundred day moving average of GBX 1,486.79. The company has a current ratio of 1.97, a quick ratio of 1.29 and a debt-to-equity ratio of 101.39.

About Telecom Plus

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. Telecom Plus Plc was incorporated in 1996 and is based in London, the United Kingdom.

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