Shares of Telecom plus PLC (LON:TEP) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.00 and traded as high as $1,398.00. Telecom plus shares last traded at $1,376.00, with a volume of 74,492 shares changing hands.
Several research analysts have recently weighed in on the stock. Numis Securities reissued a “buy” rating and set a GBX 2,800 ($36.59) price target on shares of in a research report on Thursday, June 13th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Anglo American in a research report on Wednesday, May 15th. Finally, Peel Hunt reissued a “buy” rating on shares of GB Group in a research report on Monday, June 17th.
The firm’s 50-day moving average price is GBX 1,453.48. The company has a current ratio of 1.33, a quick ratio of 1.23 and a debt-to-equity ratio of 27.20. The stock has a market capitalization of $1.08 billion and a PE ratio of 32.53.
The company also recently declared a dividend, which will be paid on Friday, August 2nd. Stockholders of record on Thursday, July 11th will be given a dividend of GBX 27 ($0.35) per share. This is a boost from Telecom plus’s previous dividend of $25.00. The ex-dividend date of this dividend is Thursday, July 11th. This represents a dividend yield of 1.82%. Telecom plus’s payout ratio is presently 1.23%.
About Telecom plus (LON:TEP)
Telecom Plus PLC provides a range of utility services to residential and small business customers in the United Kingdom. The company operates in two segments, Customer Acquisition and Customer Management. The Customer Acquisition segment sells a range of equipment, such as mobile phone handsets and wireless Internet routers.
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