Telecom Plus (LON:TEP) Sets New 12-Month Low – Time to Sell?

Telecom Plus Plc (LON:TEP)’s share price hit a new 52-week low on Wednesday . The stock traded as low as GBX 960 and last traded at GBX 967.95, with a volume of 185964 shares. The stock had previously closed at GBX 987.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Berenberg Bank reiterated a “buy” rating and issued a GBX 2,600 price objective on shares of Telecom Plus in a research report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a GBX 2,000 target price on shares of Telecom Plus in a research note on Wednesday, May 6th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of GBX 2,400.

Telecom Plus Trading Down 1.9%

The company has a quick ratio of 1.29, a current ratio of 1.97 and a debt-to-equity ratio of 101.39. The firm has a market capitalization of £772.76 million, a P/E ratio of 11.76, a PEG ratio of 2.86 and a beta of 0.42. The firm has a 50 day moving average of GBX 1,147.25 and a 200-day moving average of GBX 1,284.88.

About Telecom Plus

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.