Telecom Plus (LON:TEP) Shares Pass Below 200-Day Moving Average – What’s Next?

Posted by Defense World Staff on Feb 12th, 2025

Telecom Plus Plc (LON:TEP – Get Free Report) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,757.94 ($21.89) and traded as low as GBX 1,726 ($21.49). Telecom Plus shares last traded at GBX 1,726 ($21.49), with a volume of 68,773 shares traded.

Telecom Plus Stock Performance

The company has a quick ratio of 1.29, a current ratio of 1.77 and a debt-to-equity ratio of 77.52. The stock has a market cap of £1.37 billion, a P/E ratio of 1,939.33, a PEG ratio of 2.86 and a beta of 0.57. The stock has a fifty day simple moving average of GBX 1,703.11 and a 200-day simple moving average of GBX 1,757.94.

Telecom Plus (LON:TEP – Get Free Report) last issued its earnings results 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%. Equities analysts expect that Telecom Plus Plc will post 118.0645161 earnings per share for the current fiscal year.

Telecom Plus Cuts Dividend

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

Insiders Place Their Bets

In other Telecom Plus news, insider Charles Wigoder acquired 200,000 shares of the business’s stock in a transaction dated Monday, December 2nd. The shares were acquired at an average price of GBX 1,770 ($22.04) per share, for a total transaction of £3,540,000 ($4,407,919.31). Company 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.