Telecom Plus (LON:TEP) Sets New 1-Year Low – What’s Next?

Telecom Plus Plc (LON:TEP) reached a new 52-week low during trading on Monday . The company traded as low as GBX 1,250 and last traded at GBX 1,256, with a volume of 193838 shares changing hands. The stock had previously closed at GBX 1,256.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft dropped their price target on shares of Telecom Plus from GBX 2,580 to GBX 2,000 and set a “buy” rating for the company in a research report on Tuesday, December 2nd. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, Telecom Plus currently has a consensus rating of “Buy” and an average price target of GBX 2,400.

Telecom Plus Price Performance

The company has a debt-to-equity ratio of 101.39, a current ratio of 1.97 and a quick ratio of 1.29. The stock has a 50 day moving average price of GBX 1,338.12 and a two-hundred day moving average price of GBX 1,523.67. The firm has a market capitalization of £1.03 billion, a price-to-earnings ratio of 15.69, a PEG ratio of 2.86 and a beta of 0.49.

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.