Telecom Plus (LON:TEP) Insider Buys £198,048.84 in Stock

Telecom Plus Plc (LON:TEPGet Free Report) insider Nick Schoenfeld bought 27,973 shares of the firm’s stock in a transaction on Tuesday, June 23rd. The stock was purchased at an average cost of GBX 708 per share, with a total value of £198,048.84.

Telecom Plus Stock Performance

Shares of LON TEP traded down GBX 246 during midday trading on Tuesday, hitting GBX 710. The company’s stock had a trading volume of 2,811,462 shares, compared to its average volume of 1,639,656. Telecom Plus Plc has a one year low of GBX 643 and a one year high of GBX 2,100. The firm has a market capitalization of £566.83 million, a price-to-earnings ratio of 8.63, a P/E/G ratio of 2.86 and a beta of 0.42. The company has a current ratio of 1.97, a quick ratio of 1.28 and a debt-to-equity ratio of 101.39. The stock has a fifty day moving average price of GBX 1,115.90 and a 200 day moving average price of GBX 1,268.53.

Wall Street Analysts Forecast Growth

TEP has been the topic of several recent analyst reports. Berenberg Bank reiterated a “buy” rating and issued a GBX 2,600 target price on shares of Telecom Plus in a research note on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 2,000 target price on shares of Telecom Plus in a research report on Wednesday, May 6th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 2,400.

Get Our Latest Stock Analysis on Telecom Plus

Telecom Plus Company Profile

(Get Free Report)

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.

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