Telecom Plus Plc (LON:TEP - Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,872.85 ($25.56) and traded as low as GBX 1,845 ($25.18). Telecom Plus shares last traded at GBX 1,846 ($25.20), with a volume of 73,704 shares.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank reaffirmed a "buy" rating and set a GBX 2,600 target price on shares of Telecom Plus in a research note on Tuesday, September 2nd. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Telecom Plus has a consensus rating of "Buy" and an average price target of GBX 2,600.
Read Our Latest Research Report on TEP
Telecom Plus Trading Down 1.9%
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 £1.48 billion, a P/E ratio of 1,951.63, a PEG ratio of 2.86 and a beta of 0.57. The business's 50 day simple moving average is GBX 1,891.35 and its two-hundred day simple moving average is GBX 1,878.85.
Telecom Plus (LON:TEP - Get Free Report) last issued its quarterly earnings data on Tuesday, June 24th. The company reported GBX 119.20 earnings per share for the quarter. Telecom Plus had a net margin of 3.48% and a return on equity of 31.35%. As a group, analysts expect that Telecom Plus Plc will post 118.0645161 EPS for the current year.
Insider Buying and Selling at Telecom Plus
In related news, 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 value of £115,264.24. 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, for a total transaction of £171,802.96. 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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