Telecom Plus (LON:TEP) Sets New 1-Year Low – Here’s Why

Telecom Plus Plc (LON:TEP) hit a new 52-week low during trading on Friday . The stock traded as low as GBX 1,582 and last traded at GBX 1,582, with a volume of 271630 shares trading hands. The stock had previously closed at GBX 1,598.

Analyst Ratings Changes

TEP has been the topic of a number of research analyst reports. Peel Hunt reissued a “buy” rating and set a GBX 2,600 price objective on shares of Telecom Plus in a report on Tuesday. Berenberg Bank reiterated a “buy” rating and set a GBX 2,600 price target on shares of Telecom Plus in a research report on Tuesday. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of GBX 2,600.

Telecom Plus Stock Performance

The company has a current ratio of 1.77, a quick ratio of 1.29 and a debt-to-equity ratio of 77.52. The firm has a market capitalization of £1.27 billion, a PE ratio of 16.64, a PEG ratio of 2.86 and a beta of 0.57. The stock’s 50 day moving average price is GBX 1,786.39 and its two-hundred day moving average price is GBX 1,888.85.

Telecom Plus (LON:TEP) last announced its earnings results on Tuesday, November 25th. The company reported GBX 31.50 EPS for the quarter. Telecom Plus had a return on equity of 31.35% and a net margin of 3.48%. On average, equities analysts expect that Telecom Plus Plc will post 118.0645161 earnings per share for the current year.

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.