Telecom Plus (LON:TEP) Stock Price Crosses Below 200 Day Moving Average – What’s Next?

Shares of Telecom Plus Plc (LON:TEP) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,725.50 ($22.40) and traded as low as GBX 1,622 ($21.05). Telecom Plus shares last traded at GBX 1,664 ($21.60), with a volume of 5,632,285 shares.

Telecom Plus Trading Down 0.5 %

The company has a quick ratio of 1.29, a current ratio of 1.77 and a debt-to-equity ratio of 77.52. The firm’s fifty day moving average is GBX 1,704.90 and its two-hundred day moving average is GBX 1,725.50. The firm has a market cap of £1.32 billion, a P/E ratio of 18.67, a PEG ratio of 2.86 and a beta of 0.57.

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.