BT Group (LON:BT.A) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Shares of BT Group plc (LON:BT.A) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 149.78 ($1.98) and traded as high as GBX 168.50 ($2.23). BT Group shares last traded at GBX 166.85 ($2.21), with a volume of 15,086,331 shares changing hands.

BT Group Stock Performance

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 £16.32 billion, a PE ratio of 1,853.89, a PEG ratio of 0.38 and a beta of 0.69. The stock’s 50 day moving average price is GBX 157.45 and its two-hundred day moving average price is GBX 149.78.

Insiders Place Their Bets

In other news, insider Alex Chisholm acquired 30,000 shares of BT Group stock in a transaction that occurred on Tuesday, February 4th. The shares were acquired at an average price of GBX 141 ($1.87) per share, with a total value of £42,300 ($55,989.41). 43.86% of the stock is currently owned by company 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.