Telecom Plus Plc (LON:TEP - Get Free Report)'s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,872.85 ($25.40) and traded as low as GBX 1,845 ($25.03). Telecom Plus shares last traded at GBX 1,846 ($25.04), with a volume of 73,704 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank reissued a "buy" rating and set a GBX 2,600 price objective on shares of Telecom Plus in a research report on Tuesday, September 2nd. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of GBX 2,600.
Read Our Latest Stock Analysis on TEP
Telecom Plus Trading Down 0.8%
The stock has a market cap of £1.48 billion, a P/E ratio of 1,953.41, a PEG ratio of 2.86 and a beta of 0.57. 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 stock's fifty day moving average price is GBX 1,896.90 and its 200 day moving average price is GBX 1,876.35.
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 net margin of 3.48% and a return on equity of 31.35%. Equities research analysts expect that Telecom Plus Plc will post 118.0645161 earnings per share for the current year.
Insiders Place Their Bets
In other news, insider Stuart Burnett sold 8,642 shares of the business's stock in a transaction on Monday, July 21st. The shares were sold at an average price of GBX 1,988, for a total transaction of £171,802.96. Also, insider Nick Schoenfeld sold 5,798 shares of the business's stock in a transaction on Monday, July 21st. The shares were sold at an average price of GBX 1,988, for a total transaction of £115,264.24. Insiders own 13.79% of the company's stock.
About Telecom Plus
(
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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