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 two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 192.08 and traded as high as GBX 216.15. BT Group shares last traded at GBX 215.85, with a volume of 903,002,688 shares.

BT Group Stock Up 0.2%

The firm has a 50-day moving average of GBX 208.68 and a 200 day moving average of GBX 192.08. The stock has a market capitalization of £21.03 billion, a price-to-earnings ratio of 22.48, a price-to-earnings-growth 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.

Insider Buying and Selling

In related news, insider Sara Weller purchased 5,932 shares of BT Group stock in a transaction that occurred on Tuesday, February 10th. The shares were purchased at an average cost of GBX 201 per share, with a total value of £11,923.32. Company insiders own 1.80% 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.