BT Group (LON:BT.A) Reaches New 1-Year High – Here’s What Happened

BT Group plc (LON:BT.A) hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 224.55 and last traded at GBX 224.32, with a volume of 38247000 shares trading hands. The stock had previously closed at GBX 220.25.

BT Group Stock Performance

The business’s fifty day moving average price is GBX 211.99 and its 200-day moving average price is GBX 194.09. The company has a debt-to-equity ratio of 187.58, a quick ratio of 0.83 and a current ratio of 0.89. The stock has a market cap of £21.72 billion, a PE ratio of 23.23, a P/E/G ratio of 0.38 and a beta of 0.69.

Insider Activity

In related news, insider Sara Weller purchased 5,932 shares of the company’s stock in a transaction dated Tuesday, February 10th. The shares were purchased at an average price of GBX 201 per share, with a total value of £11,923.32. 1.80% of the stock is currently owned by insiders.

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.