Telecom plus (LON:TEP) Share Price Passes Below Two Hundred Day Moving Average of $1,375.90

Telecom plus PLC (LON:TEP)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $1,375.90 and traded as low as $1,160.00. Telecom plus shares last traded at $1,164.00, with a volume of 59,780 shares changing hands.

A number of equities analysts have recently weighed in on the stock. Peel Hunt reissued a “buy” rating on shares of Telecom plus in a research report on Monday, August 19th. Numis Securities reissued a “buy” rating on shares of Telecom plus in a research report on Thursday, June 13th.

The company has a debt-to-equity ratio of 27.20, a current ratio of 1.33 and a quick ratio of 1.23. The firm’s 50-day moving average is GBX 1,202.12 and its 200 day moving average is GBX 1,375.90. The stock has a market cap of $912.94 million and a price-to-earnings ratio of 27.52.

Telecom plus Company Profile (LON:TEP)

Telecom Plus PLC provides a range of utility services to residential and small business customers in the United Kingdom. The company operates in two segments, Customer Acquisition and Customer Management. The Customer Acquisition segment sells a range of equipment, such as mobile phone handsets and wireless Internet routers.

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