Telecom Plus (LON:TEP) Stock Price Passes Below Two Hundred Day Moving Average – Here’s Why

Telecom Plus Plc (LON:TEPGet Free Report) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,798.58 ($22.80) and traded as low as GBX 1,716 ($21.75). Telecom Plus shares last traded at GBX 1,742 ($22.08), with a volume of 77,244 shares traded.

Telecom Plus Trading Up 0.2 %

The company has a market capitalization of £1.38 billion, a P/E ratio of 1,957.30, a PEG ratio of 2.86 and a beta of 0.57. 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 business’s 50-day moving average price is GBX 1,772.86 and its two-hundred day moving average price is GBX 1,798.58.

Insider Buying and Selling at Telecom Plus

In related news, insider Stuart Burnett purchased 156 shares of the business’s stock in a transaction on Thursday, September 12th. The shares were purchased at an average price of GBX 1,772 ($22.46) per share, with a total value of £2,764.32 ($3,504.02). Insiders own 11.54% of the company’s stock.

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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