Telecom Plus Plc (LON:TEP - Get Free Report) insider Charles Wigoder bought 250,000 shares of the company's stock in a transaction that occurred on Friday, July 10th. The shares were purchased at an average cost of GBX 827 per share, for a total transaction of £2,067,500.
Charles Wigoder also recently made the following trade(s):
- On Tuesday, June 23rd, Charles Wigoder bought 500,000 shares of Telecom Plus stock. The stock was purchased at an average price of GBX 710 per share, with a total value of £3,550,000.
Telecom Plus Stock Performance
Shares of LON TEP opened at GBX 851.35 on Friday. The stock has a fifty day moving average price of GBX 952.45 and a two-hundred day moving average price of GBX 1,208.17. The company has a debt-to-equity ratio of 87.91, a quick ratio of 1.28 and a current ratio of 1.58. The firm has a market cap of £675.89 million, a P/E ratio of 8.52, a PEG ratio of 2.86 and a beta of 0.43. Telecom Plus Plc has a 1 year low of GBX 638 and a 1 year high of GBX 2,050.
Telecom Plus (LON:TEP - Get Free Report) last issued its quarterly earnings results on Wednesday, June 24th. The company reported GBX 102.20 earnings per share (EPS) for the quarter. Telecom Plus had a return on equity of 32.38% and a net margin of 4.16%.The company had revenue of GBX 194.11 billion for the quarter. Research analysts forecast that Telecom Plus Plc will post 118.0645161 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
TEP has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft lowered Telecom Plus to a "hold" rating and lowered their target price for the stock from GBX 1,300 to GBX 700 in a report on Wednesday, July 1st. 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 report on Thursday, June 25th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of GBX 1,500.
Read Our Latest Analysis on Telecom Plus
About Telecom Plus
(
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.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
