Telecom Plus (LON:TEP) Shares Pass Below 200 Day Moving Average of $1,616.58

Telecom Plus Plc (LON:TEP)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,616.58 ($19.96) and traded as low as GBX 1,613.99 ($19.92). Telecom Plus shares last traded at GBX 1,650 ($20.37), with a volume of 121,396 shares traded.

Telecom Plus Price Performance

The firm’s fifty day simple moving average is GBX 1,535.80 and its 200 day simple moving average is GBX 1,616.58. The firm has a market cap of £1.30 billion, a P/E ratio of 1,941.18, a P/E/G ratio of 2.86 and a beta of 0.52. The company has a debt-to-equity ratio of 39.17, a quick ratio of 1.29 and a current ratio of 1.20.

Insider Activity at Telecom Plus

In other news, insider Stuart Burnett purchased 6,410 shares of the company’s stock in a transaction that occurred on Tuesday, August 22nd. The stock was bought at an average cost of GBX 1,560 ($19.26) per share, with a total value of £99,996 ($123,436.61). 11.79% of the stock is owned by corporate insiders.

Telecom Plus Company Profile

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.