BT Group (LON:BT.A) Stock Price Crosses Above 200 Day Moving Average – Time to Sell?

Shares of BT Group plc (LON:BT.A) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 151.76 ($2.01) and traded as high as GBX 174.50 ($2.32). BT Group shares last traded at GBX 171.05 ($2.27), with a volume of 12,461,557 shares trading hands.

BT Group Stock Down 0.8 %

The business’s 50 day simple moving average is GBX 161.94 and its 200 day simple moving average is GBX 151.80. The company has a current ratio of 0.89, a quick ratio of 0.83 and a debt-to-equity ratio of 187.58. The firm has a market capitalization of £16.73 billion, a PE ratio of 1,900.56, a PEG ratio of 0.38 and a beta of 0.69.

Insider Activity

In other news, insider Alex Chisholm acquired 30,000 shares of the firm’s stock in a transaction on Tuesday, February 4th. The stock was acquired at an average price of GBX 141 ($1.87) per share, with a total value of £42,300 ($56,145.47). Corporate insiders own 43.86% of the company’s stock.

BT Group Company Profile

BT Group is the UK’s leading provider of fixed and mobile telecommunications and related secure digital products, solutions and services. We also provide managed telecommunications, security and network and IT infrastructure services to customers across 180 countries.

BT Group consists of three customer-facing units: Consumer serves individuals and families in the UK; Business* covers companies and public services in the UK and internationally; Openreach is an independently governed, wholly owned subsidiary wholesaling fixed access infrastructure services to its customers – over 650 communication providers across the UK.

British Telecommunications plc is a wholly owned subsidiary of BT Group plc and encompasses virtually all businesses and assets of the BT Group.