BT Group (LON:BT.A) Share Price Crosses Above 200 Day Moving Average – Should You Sell?

Shares of BT Group plc (LON:BT.A) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 144.48 ($1.80) and traded as high as GBX 151.10 ($1.88). BT Group shares last traded at GBX 150.47 ($1.87), with a volume of 21,657,555 shares traded.

BT Group Stock Up 0.5 %

The firm has a market cap of £14.72 billion, a P/E ratio of 1,671.84, a P/E/G 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. The business has a 50-day moving average price of GBX 145.75 and a 200-day moving average price of GBX 144.48.

Insiders Place Their Bets

In related news, insider Alex Chisholm purchased 30,000 shares of the business’s stock in a transaction dated Tuesday, February 4th. The shares were acquired at an average cost of GBX 141 ($1.76) per share, for a total transaction of £42,300 ($52,670.90). 43.86% of the stock is 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.