Free Trial

Telecom Plus (LON:TEP) Stock Passes Below 200-Day Moving Average - Time to Sell?

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 1,797.59 ($22.69) and traded as low as GBX 1,720 ($21.71). Telecom Plus shares last traded at GBX 1,734 ($21.89), with a volume of 37,746 shares.

Telecom Plus Stock Up 0.9 %

The company has a market cap of £1.38 billion, a price-to-earnings ratio of 1,966.29, a PEG ratio of 2.86 and a beta of 0.57. The business has a 50-day simple moving average of GBX 1,761.14 and a two-hundred day simple moving average of GBX 1,797.13. The company has a quick ratio of 1.29, a current ratio of 1.77 and a debt-to-equity ratio of 77.52.

Telecom Plus Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, December 20th. Stockholders of record on Thursday, December 5th will be given a GBX 37 ($0.47) dividend. The ex-dividend date is Thursday, December 5th. This represents a dividend yield of 2.1%. Telecom Plus's dividend payout ratio is 9,325.84%.

Insider Activity at Telecom Plus

In other Telecom Plus news, insider Charles Wigoder purchased 200,000 shares of the company's stock in a transaction that occurred on Monday, December 2nd. The stock was purchased at an average price of GBX 1,770 ($22.34) per share, with a total value of £3,540,000 ($4,468,004.54). Corporate 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.

Read More

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

7 Stocks to Own Before the 2024 Election Cover

Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.

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

Featured Articles and Offers

Broadcom Hits $1 Trillion – Can This AI Powerhouse Go Higher?

Broadcom Hits $1 Trillion – Can This AI Powerhouse Go Higher?

AVGO is up 30% since earnings: could Broadcom be the next member of the Magnificent Seven? Can it sustain this momentum or is a pullback on the horizon?

Related Videos

NVIDIA Earnings: Can Blackwell Propel the Stock to $200+ in 2025?
’Best Report in 2 Years’: NVIDIA Earnings Crushes Expectations Again
How to Profit from NVIDIA’s Earnings: Short-Term Trading Guide

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines