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BT Group (LON:BT.A) Reaches New 12-Month High - Here's Why

BT Group logo with Business Services background

BT Group plc (LON:BT.A - Get Free Report)'s stock price reached a new 52-week high on Monday . The company traded as high as GBX 161.10 ($2.05) and last traded at GBX 160.50 ($2.04), with a volume of 11156465 shares changing hands. The stock had previously closed at GBX 159.83 ($2.03).

BT Group Stock Performance

The business has a 50-day moving average price of GBX 145.78 and a 200-day moving average price of GBX 140.81. 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 firm has a market capitalization of £15.74 billion, a price-to-earnings ratio of 1,784.76, a P/E/G ratio of 0.38 and a beta of 0.69.

Insiders Place Their Bets

In other news, insider Tushar Morzaria acquired 35,000 shares of the business's stock in a transaction dated Friday, November 8th. The shares were acquired at an average cost of GBX 136 ($1.73) per share, with a total value of £47,600 ($60,459.80). 43.86% of the stock is owned by insiders.

About BT Group

(Get Free Report)

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.

See Also

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