Telecom Plus Plc (LON:TEP – Get Free Report) insider Charles Wigoder acquired 500,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was purchased at an average cost of GBX 710 per share, with a total value of £3,550,000.
Telecom Plus Stock Down 25.7%
Shares of Telecom Plus stock traded down GBX 246 during midday trading on Tuesday, hitting GBX 710. The company’s stock had a trading volume of 2,811,462 shares, compared to its average volume of 1,639,656. Telecom Plus Plc has a 1-year low of GBX 643 and a 1-year high of GBX 2,100. The firm has a market capitalization of £566.83 million, a P/E ratio of 8.63, a PEG ratio of 2.86 and a beta of 0.42. The company has a quick ratio of 1.28, a current ratio of 1.97 and a debt-to-equity ratio of 101.39. The stock has a 50-day simple moving average of GBX 1,115.90 and a 200-day simple moving average of GBX 1,268.53.
Analyst Upgrades and Downgrades
A number of brokerages have commented on TEP. Berenberg Bank reissued a “buy” rating and set a GBX 2,600 price objective on shares of Telecom Plus in a report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 2,000 price target on shares of Telecom Plus in a report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,400.
Telecom Plus Company Profile
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.
Featured Stories
- Five stocks we like better than Telecom Plus
- Liquid Gold: The AI Cooling Retrofit Trade
- 3 Dividend Stocks Under $30 to Anchor Your Portfolio
- How Does D-Wave’s New Simulator Change the Quantum Computing Landscape?
- Amazon’s Pullback Deepens as a New FTC Risk Hits the Stock
Receive News & Ratings for Telecom Plus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Telecom Plus and related companies with MarketBeat.com's FREE daily email newsletter.
-sa-logo-1200x675.png){kind=logo}
