BT Group (LON:BT.A) Share Price Crosses Above Two Hundred Day Moving Average of $129.01

BT Group plc (LON:BT.A) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 129.01 ($1.73) and traded as high as GBX 145.35 ($1.94). BT Group shares last traded at GBX 143.40 ($1.92), with a volume of 9,820,910 shares.

BT Group Trading Down 0.9 %

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 business’s 50 day moving average price is GBX 141.65 and its 200-day moving average price is GBX 129.01. The company has a market cap of £14.02 billion, a price-to-earnings ratio of 1,593.33, a PEG ratio of 0.44 and a beta of 0.69.

Insiders Place Their Bets

In other news, insider Simon Lowth sold 198,537 shares of the business’s stock in a transaction that occurred on Monday, August 5th. The shares were sold at an average price of GBX 134 ($1.79), for a total value of £266,039.58 ($355,858.19). Corporate insiders own 43.86% of the company’s stock.

BT Group Company Profile

BT Group plc provides communications services worldwide. Its Consumer segment sells telephones, baby monitors, and Wi-Fi extenders through high street retailers, online BT Shop, and Website BT.com; and offers home phone, copper and fiber broadband, TV, and mobile services in various packages. The company's EE segment offers 2G, 3G, and 4G mobile network services; broadband, fixed-voice, and TV services; and postpaid and prepaid plans, and emergency services network.