Telecom Plus Plc (LON:TEP - Get Free Report) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,860.67 ($25.12) and traded as low as GBX 1,854 ($25.03). Telecom Plus shares last traded at GBX 1,872.95 ($25.28), with a volume of 92,971 shares traded.
Analyst Ratings Changes
Separately, Berenberg Bank started coverage on Telecom Plus in a report on Wednesday, May 7th. They issued a "buy" rating and a GBX 2,600 target price for the company. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of "Buy" and an average price target of GBX 2,600.
Read Our Latest Analysis on TEP
Telecom Plus Stock Down 0.3%
The firm has a fifty day moving average price of GBX 1,929.86 and a 200 day moving average price of GBX 1,864.21. 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 company has a market cap of £1.50 billion, a P/E ratio of 21.20, a PEG ratio of 2.86 and a beta of 0.57.
Telecom Plus (LON:TEP - Get Free Report) last announced its earnings results on Tuesday, June 24th. The company reported GBX 119.20 EPS for the quarter. Telecom Plus had a return on equity of 31.35% and a net margin of 3.48%. Equities research analysts forecast that Telecom Plus Plc will post 118.0645161 earnings per share for the current year.
Insider Buying and Selling at Telecom Plus
In other news, insider Nick Schoenfeld sold 5,798 shares of the stock in a transaction on Monday, July 21st. The stock was sold at an average price of GBX 1,988, for a total transaction of £115,264.24. Also, insider Stuart Burnett sold 8,642 shares of the stock in a transaction on Monday, July 21st. The stock was sold at an average price of GBX 1,988, for a total value of £171,802.96. 11.54% of the stock is currently owned by corporate insiders.
Telecom Plus Company Profile
(
Get Free Report)
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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