BT Group (LON:BT.A) Sets New 12-Month High - Should You Buy?

Shares of BT Group plc (LON:BT.A - Get Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 164.55 ($2.13) and last traded at GBX 164.45 ($2.13), with a volume of 1284125375 shares traded. The stock had previously closed at GBX 164.35 ($2.13).

BT Group Price Performance

The stock has a 50-day simple moving average of GBX 152.25 and a 200 day simple moving average of GBX 148.38. The company has a market cap of £16.21 billion, a PE ratio of 1,841.11, a P/E/G 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.

Insider Buying and Selling at BT Group

In other news, insider Alex Chisholm bought 30,000 shares of the business's stock in a transaction on Tuesday, February 4th. The shares were bought at an average price of GBX 141 ($1.83) per share, with a total value of £42,300 ($54,750.19). 43.86% of the stock is currently owned by corporate 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.