Telecom Plus (LON:TEP) Shares Pass Below 200 Day Moving Average – Time to Sell?

Telecom Plus Plc (LON:TEP) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,735.81 ($22.47) and traded as low as GBX 1,722 ($22.29). Telecom Plus shares last traded at GBX 1,728 ($22.37), with a volume of 2,387,016 shares.

Telecom Plus Stock Performance

The stock has a 50 day moving average price of GBX 1,696.81 and a two-hundred day moving average price of GBX 1,734.39. The company has a market cap of £1.37 billion, a P/E ratio of 19.39, a price-to-earnings-growth ratio of 2.86 and a beta of 0.57. The company has a quick ratio of 1.29, a current ratio of 1.77 and a debt-to-equity ratio of 77.52.

Telecom Plus Company Profile

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.