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Telecom Plus (LON:TEP) Shares Pass Below 200-Day Moving Average - Should You Sell?

Telecom Plus logo with Utilities background

Telecom Plus Plc (LON:TEP - Get Free Report)'s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,789.66 ($23.24) and traded as low as GBX 1,778 ($23.08). Telecom Plus shares last traded at GBX 1,788 ($23.21), with a volume of 57,356 shares changing hands.

Telecom Plus Stock Performance

The stock's 50-day simple moving average is GBX 1,814.62 and its 200 day simple moving average is GBX 1,790.47. The company has a debt-to-equity ratio of 77.52, a quick ratio of 1.29 and a current ratio of 1.77. The company has a market capitalization of £1.39 billion, a PE ratio of 1,970.79, a P/E/G ratio of 2.86 and a beta of 0.57.

Insider Buying and Selling at Telecom Plus

In other news, insider Stuart Burnett acquired 156 shares of the company's stock in a transaction on Thursday, September 12th. The shares were bought at an average cost of GBX 1,772 ($23.01) per share, with a total value of £2,764.32 ($3,589.09). Insiders own 11.54% 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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