Telecom Plus (LON:TEP) Insider Purchases £5,611.50 in Stock

Telecom Plus Plc (LON:TEP) insider Carla Stent acquired 645 shares of Telecom Plus stock in a transaction dated Monday, August 3rd. The shares were acquired at an average price of GBX 870 per share, with a total value of £5,611.50.

Carla Stent also recently made the following trade(s):

• On Friday, July 17th, Carla Stent purchased 2,833 shares of Telecom Plus stock. The stock was acquired at an average cost of GBX 880 per share, with a total value of £24,930.40.

Telecom Plus Price Performance

Shares of Telecom Plus stock traded down GBX 4 on Tuesday, hitting GBX 861. The company had a trading volume of 8,248,047 shares, compared to its average volume of 2,387,730. Telecom Plus Plc has a 52 week low of GBX 638 and a 52 week high of GBX 1,936. The company has a debt-to-equity ratio of 87.91, a current ratio of 1.58 and a quick ratio of 1.28. The company has a market cap of £683.56 million, a PE ratio of 8.62, a PEG ratio of 2.86 and a beta of 0.43. The business has a 50-day simple moving average of GBX 889 and a 200-day simple moving average of GBX 1,151.21.

Telecom Plus (LON:TEP) last announced its earnings results on Wednesday, June 24th. The company reported GBX 102.20 earnings per share (EPS) for the quarter. Telecom Plus had a net margin of 4.16% and a return on equity of 32.38%. The company had revenue of GBX 194.11 billion for the quarter. Research analysts expect that Telecom Plus Plc will post 118.0645161 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Berenberg Bank downgraded shares of Telecom Plus to a “buy” rating and cut their price target for the company from GBX 2,600 to GBX 1,200 in a research report on Thursday, June 25th. Deutsche Bank Aktiengesellschaft cut shares of Telecom Plus to a “hold” rating and lowered their price objective for the company from GBX 1,300 to GBX 700 in a research report on Wednesday, July 1st. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,500.

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.