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

BT Group plc (LON:BT.A) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 145.61 ($1.84) and traded as high as GBX 157.60 ($1.99). BT Group shares last traded at GBX 157.60 ($1.99), with a volume of 15,171,605 shares trading hands.

BT Group Stock Performance

The firm has a market cap of £15.47 billion, a P/E ratio of 1,757.98, a PEG 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 company’s 50-day moving average is GBX 145.55 and its two-hundred day moving average is GBX 145.61.

Insider Transactions at BT Group

In other BT Group news, insider Alex Chisholm acquired 30,000 shares of BT Group stock in a transaction on Tuesday, February 4th. The stock was purchased at an average price of GBX 141 ($1.78) per share, for a total transaction of £42,300 ($53,314.85). Company insiders own 43.86% of the company’s stock.

About BT Group

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.