Telecom plus (TEP) Earns Neutral Rating from JPMorgan Chase & Co.

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JPMorgan Chase & Co. restated their neutral rating on shares of Telecom plus (LON:TEP) in a research note released on Wednesday morning, ThisIsMoney.Co.Uk reports.

Separately, Peel Hunt reissued a buy rating on shares of Telecom plus in a research report on Wednesday, April 17th.

LON:TEP traded up GBX 4 ($0.05) during mid-day trading on Wednesday, hitting GBX 1,452 ($18.97). The company’s stock had a trading volume of 27,294 shares, compared to its average volume of 67,307. Telecom plus has a fifty-two week low of GBX 995 ($13.00) and a fifty-two week high of GBX 1,538 ($20.10). The company has a quick ratio of 0.62, a current ratio of 1.30 and a debt-to-equity ratio of 22.32. The firm has a market capitalization of $1.13 billion and a PE ratio of 36.76.

About Telecom plus

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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