BT Group (LON:BT.A) Stock Price Crosses Above 200 Day Moving Average – What’s Next?

BT Group plc (LON:BT.A) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 156.86 ($2.13) and traded as high as GBX 178.35 ($2.42). BT Group shares last traded at GBX 175.95 ($2.38), with a volume of 9,364,541 shares changing hands.

BT Group Stock Performance

The stock has a market capitalization of £17.21 billion, a PE ratio of 1,955.00, a PEG ratio of 0.38 and a beta of 0.69. The business has a 50 day moving average price of GBX 167.55 and a 200 day moving average price of GBX 156.86. The company has a debt-to-equity ratio of 187.58, a current ratio of 0.89 and a quick ratio of 0.83.

BT Group (LON:BT.A) last issued its earnings results on Thursday, May 22nd. The communications services company reported GBX 18.80 ($0.25) earnings per share (EPS) for the quarter. BT Group had a net margin of 4.11% and a return on equity of 6.33%. As a group, equities research analysts expect that BT Group plc will post 19.1185956 earnings per share for the current year.

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.