Telecom Plus (LON:TEP) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Telecom Plus Plc (LON:TEP)’s share price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,739.12 ($22.61) and traded as low as GBX 1,704 ($22.15). Telecom Plus shares last traded at GBX 1,714 ($22.28), with a volume of 97,498 shares changing hands.

Telecom Plus Stock Performance

The business’s fifty day moving average is GBX 1,686.13 and its 200-day moving average is GBX 1,739.20. The stock has a market capitalization of £1.39 billion, a PE ratio of 19.75, a P/E/G 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.

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.