BT Group (LON:BT.A) Share Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Shares of BT Group plc (LON:BT.A) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 148.62 ($1.93) and traded as high as GBX 165.85 ($2.15). BT Group shares last traded at GBX 164.99 ($2.14), with a volume of 22,688,764 shares trading hands.

BT Group Trading Down 0.4 %

The company has a debt-to-equity ratio of 187.58, a quick ratio of 0.83 and a current ratio of 0.89. The firm has a fifty day moving average price of GBX 153.71 and a 200 day moving average price of GBX 148.88. The company has a market cap of £16.28 billion, a price-to-earnings ratio of 1,849.44, a P/E/G ratio of 0.38 and a beta of 0.69.

Insider Transactions at BT Group

In other news, insider Alex Chisholm acquired 30,000 shares of the stock in a transaction on Tuesday, February 4th. The stock was acquired at an average cost of GBX 141 ($1.83) per share, for a total transaction of £42,300 ($54,927.93). 43.86% of the stock is currently owned by corporate insiders.

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.