Telecom Plus (LON:TEP) Sets New 52-Week Low – Here’s What Happened

by · The Cerbat Gem

Telecom Plus Plc (LON:TEP – Get Free Report) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 1,342 and last traded at GBX 1,358, with a volume of 54264 shares. The stock had previously closed at GBX 1,358.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Peel Hunt reiterated a “buy” rating and issued a GBX 2,600 price objective on shares of Telecom Plus in a research note on Tuesday, November 25th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 2,600 target price on shares of Telecom Plus in a report on Tuesday, November 25th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on Telecom Plus from GBX 2,580 to GBX 2,000 and set a “buy” rating on the stock in a research report on Tuesday, December 2nd. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of GBX 2,400.

Read Our Latest Stock Report on TEP

Telecom Plus Stock Performance

The firm has a market capitalization of £1.08 billion, a price-to-earnings ratio of 16.50, a price-to-earnings-growth ratio of 2.86 and a beta of 0.57. The firm’s 50-day moving average price is GBX 1,565.96 and its two-hundred day moving average price is GBX 1,780.35. The company has a debt-to-equity ratio of 77.52, a quick ratio of 1.29 and a current ratio of 1.77.

Telecom Plus (LON:TEP – Get Free Report) last posted its quarterly earnings results on Tuesday, November 25th. The company reported GBX 31.50 earnings per share (EPS) for the quarter. Telecom Plus had a net margin of 3.48% and a return on equity of 31.35%. Sell-side analysts predict that Telecom Plus Plc will post 118.0645161 earnings per share for the current year.

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. Telecom Plus Plc was incorporated in 1996 and is based in London, the United Kingdom.

See Also