Free Trial

Telecom Plus (LON:TEP) Share Price Crosses Below 200 Day Moving Average - Here's What Happened

Telecom Plus logo with Utilities background

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 1,791.96 ($22.46) and traded as low as GBX 1,672 ($20.96). Telecom Plus shares last traded at GBX 1,712 ($21.46), with a volume of 42,098 shares changing hands.

Telecom Plus Price Performance

The company's 50 day simple moving average is GBX 1,748.62 and its 200 day simple moving average is GBX 1,791.52. 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 stock has a market cap of £1.37 billion, a P/E ratio of 1,941.57, a P/E/G ratio of 2.86 and a beta of 0.57.

Telecom Plus Cuts Dividend

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

Insiders Place Their Bets

In related news, insider Charles Wigoder purchased 200,000 shares of Telecom Plus stock in a transaction dated Monday, December 2nd. The stock was bought at an average price of GBX 1,770 ($22.19) per share, for a total transaction of £3,540,000 ($4,437,758.56). Corporate insiders own 11.54% of the company's stock.

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.

Featured Articles

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

10 Best Cheap Stocks to Buy Now Cover

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.

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