BT Group (LON:BT.A) Stock Price Crosses Above Two Hundred Day Moving Average – What’s Next?

BT Group plc (LON:BT.A) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 145.98 ($1.89) and traded as high as GBX 160.85 ($2.08). BT Group shares last traded at GBX 160.25 ($2.07), with a volume of 25,425,697 shares traded.

BT Group Stock Up 5.2 %

The stock has a market cap of £15.67 billion, a price-to-earnings ratio of 1,780.56, a P/E/G ratio of 0.38 and a beta of 0.69. 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 stock’s 50-day moving average price is GBX 146.89 and its 200-day moving average price is GBX 146.15.

Insider Transactions at BT Group

In related news, insider Alex Chisholm acquired 30,000 shares of the stock in a transaction dated Tuesday, February 4th. The stock was bought at an average price of GBX 141 ($1.82) per share, for a total transaction of £42,300 ($54,658.22). 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.