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Telecom Plus (LON:TEP) Stock Price Passes Below Two Hundred Day Moving Average - Here's What Happened

Telecom Plus logo with Utilities background

Shares of Telecom Plus Plc (LON:TEP - Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,761.42 ($21.85) and traded as low as GBX 1,634 ($20.27). Telecom Plus shares last traded at GBX 1,668 ($20.69), with a volume of 74,186 shares trading hands.

Telecom Plus Price Performance

The business's fifty day simple moving average is GBX 1,707.75 and its 200 day simple moving average is GBX 1,759.16. 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 stock has a market cap of £1.36 billion, a price-to-earnings ratio of 1,928.09, a price-to-earnings-growth ratio of 2.86 and a beta of 0.57.

Telecom Plus (LON:TEP - Get Free Report) last posted its quarterly earnings data on Tuesday, November 26th. The company reported GBX 43.60 ($0.54) earnings per share (EPS) for the quarter. Telecom Plus had a return on equity of 30.66% and a net margin of 3.48%. Research analysts predict that Telecom Plus Plc will post 118.0645161 EPS for the current fiscal year.

Telecom Plus Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Thursday, December 5th were issued a GBX 37 ($0.46) dividend. This represents a yield of 2.1%. The ex-dividend date was Thursday, December 5th. Telecom Plus's dividend payout ratio is presently 9,325.84%.

Insider Activity at Telecom Plus

In other news, insider Charles Wigoder purchased 200,000 shares of the company's stock in a transaction on Monday, December 2nd. The shares were bought at an average price of GBX 1,770 ($21.96) per share, for a total transaction of £3,540,000 ($4,391,514.70). 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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