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

BT Group plc (LON:BT.A)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 134.07 ($1.74) and traded as high as GBX 145.50 ($1.89). BT Group shares last traded at GBX 142.80 ($1.85), with a volume of 11,969,703 shares traded.

BT Group Trading Up 0.3 %

The firm’s 50 day simple moving average is GBX 143.79 and its two-hundred day simple moving average is GBX 134.30. The stock has a market capitalization of £13.67 billion, a P/E ratio of 1,552.78, a P/E/G ratio of 0.38 and a beta of 0.69. The company has a quick ratio of 0.83, a current ratio of 0.89 and a debt-to-equity ratio of 187.58.

Insider Buying and Selling

In other news, insider Simon Lowth sold 198,537 shares of BT Group stock in a transaction dated Monday, August 5th. The shares were sold at an average price of GBX 134 ($1.74), for a total transaction of £266,039.58 ($345,013.07). 43.86% of the stock is owned by company insiders.

BT Group Company Profile

BT Group plc provides communications services worldwide. Its Consumer segment sells telephones, baby monitors, and Wi-Fi extenders through high street retailers, online BT Shop, and Website BT.com; and offers home phone, copper and fiber broadband, TV, and mobile services in various packages. The company's EE segment offers 2G, 3G, and 4G mobile network services; broadband, fixed-voice, and TV services; and postpaid and prepaid plans, and emergency services network.