BT Group plc (LON:BT.A – Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 147.09 ($1.91) and traded as high as GBX 159.20 ($2.07). BT Group shares last traded at GBX 158.70 ($2.06), with a volume of 28,704,822 shares.
BT Group Stock Performance
The company has a market cap of £15.52 billion, a P/E ratio of 1,763.33, a price-to-earnings-growth ratio of 0.38 and a beta of 0.69. The company has a quick ratio of 0.83, a current ratio of 0.89 and a debt-to-equity ratio of 187.58. The stock has a 50 day moving average price of GBX 148.29 and a two-hundred day moving average price of GBX 147.09.
Insiders Place Their Bets
In related news, insider Alex Chisholm acquired 30,000 shares of the stock in a transaction on Tuesday, February 4th. The shares were purchased at an average price of GBX 141 ($1.83) per share, for a total transaction of £42,300 ($54,942.20). Corporate insiders own 43.86% 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.
See Also
- Five stocks we like better than BT Group
- How to Invest in the FAANG Stocks
- Can TikTok Stock Picks Really Make You Rich?
- Stock Market Sectors: What Are They and How Many Are There?
- The “Quality” Rotation: Back to Basics Investing
- 3 REITs to Buy and Hold for the Long Term
- Occidental Petroleum: 4 Reasons to Love These Prices
Receive News & Ratings for BT Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BT Group and related companies with MarketBeat.com's FREE daily email newsletter.