Telecom Plus Plc (LON:TEP) Insider Charles Wigoder Buys 200,000 Shares

Telecom Plus Plc (LON:TEP) insider Charles Wigoder acquired 200,000 shares of the stock in a transaction dated Monday, December 2nd. The stock was acquired at an average cost of GBX 1,770 ($22.40) per share, with a total value of £3,540,000 ($4,480,445.51).

Telecom Plus Price Performance

Telecom Plus stock opened at GBX 1,800 ($22.78) on Tuesday. The company has a debt-to-equity ratio of 77.52, a quick ratio of 1.29 and a current ratio of 1.77. Telecom Plus Plc has a 52-week low of GBX 1,356 ($17.16) and a 52-week high of GBX 1,932 ($24.45). The stock’s 50 day moving average price is GBX 1,766.10 and its two-hundred day moving average price is GBX 1,798.24. The stock has a market capitalization of £1.42 billion, a price-to-earnings ratio of 2,004.49, a PEG ratio of 2.86 and a beta of 0.57.

Telecom Plus Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, December 20th. Shareholders of record on Thursday, December 5th will be paid a GBX 37 ($0.47) dividend. This represents a yield of 2.1%. The ex-dividend date is Thursday, December 5th. Telecom Plus’s dividend payout ratio (DPR) is currently 9,325.84%.

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.