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Telecom Plus (LON:TEP) Shares Pass Below 200-Day Moving Average - Here's What Happened

Telecom Plus logo with Utilities background

Telecom Plus Plc (LON:TEP - Get Free Report) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,792.57 ($23.25) and traded as low as GBX 1,670 ($21.66). Telecom Plus shares last traded at GBX 1,680 ($21.79), with a volume of 96,659 shares trading hands.

Telecom Plus Price Performance

The stock has a market capitalization of £1.34 billion, a PE ratio of 1,898.88, a PEG ratio of 2.86 and a beta of 0.57. The firm's fifty day moving average price is GBX 1,803.77 and its two-hundred day moving average price is GBX 1,793. The company has a quick ratio of 1.29, a current ratio of 1.77 and a debt-to-equity ratio of 77.52.

Insider Buying and Selling

In related news, insider Stuart Burnett bought 156 shares of the stock in a transaction that occurred on Thursday, September 12th. The shares were bought at an average cost of GBX 1,772 ($22.98) per share, for a total transaction of £2,764.32 ($3,584.90). 11.54% of the stock is currently owned by insiders.

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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