Free Trial

Telecom Plus (LON:TEP) Share Price Passes Below 200-Day Moving Average - Here's Why

Telecom Plus logo with Utilities background

Shares of 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 1,780.72 ($21.91) and traded as low as GBX 1,652 ($20.33). Telecom Plus shares last traded at GBX 1,658 ($20.40), with a volume of 78,605 shares.

Telecom Plus Stock Performance

The stock has a 50 day moving average price of GBX 1,732.24 and a two-hundred day moving average price of GBX 1,779.22. 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 company has a market capitalization of £1.32 billion, a price-to-earnings ratio of 1,869.66, a price-to-earnings-growth ratio of 2.86 and a beta of 0.57.

Telecom Plus Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Thursday, December 5th were paid a dividend of GBX 37 ($0.46) per share. The ex-dividend date was Thursday, December 5th. This represents a dividend yield of 2.1%. Telecom Plus's dividend payout ratio (DPR) is currently 9,325.84%.

Insider Activity at Telecom Plus

In other Telecom Plus news, insider Charles Wigoder bought 200,000 shares of the company's stock in a transaction on Monday, December 2nd. The stock was bought at an average price of GBX 1,770 ($21.78) per share, for a total transaction of £3,540,000 ($4,355,850.87). 11.54% of the stock is currently owned by company insiders.

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.

See Also

Should You Invest $1,000 in Telecom Plus Right Now?

Before you consider Telecom Plus, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Telecom Plus wasn't on the list.

While Telecom Plus currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Unlock the Potential in Options Trading Cover

Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Keep reading to learn how options trading can help you use the market’s volatility to your advantage.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

7 Large-Cap Stocks Headed for Strong, Steady Gains in 2025

7 Large-Cap Stocks Headed for Strong, Steady Gains in 2025

While 2025 may not deliver massive returns, so MarketBeat analyst Chris Markoch shares his list of seven stocks primed for consistent performance.

Related Videos

The Real Reason Tesla Stock Is Soaring – and Why Tech Expert Says It Won’t Stop
Small Caps, Financials & Bitcoin Lead the Rising Bull Market: Chris Rowe’s Top Picks
Massive Market Moves Following Trump Win: Tesla, JP Morgan, & Bitcoin Soar

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines