BT Group (LON:BT.A) Sets New 1-Year High - Should You Buy?

BT Group plc (LON:BT.A - Get Free Report)'s share price hit a new 52-week high on Tuesday . The company traded as high as GBX 162.15 ($2.09) and last traded at GBX 161.77 ($2.09), with a volume of 130032711 shares. The stock had previously closed at GBX 158.70 ($2.05).

BT Group Trading Up 0.7 %

The company has a market cap of £16.07 billion, a PE ratio of 1,826.11, a price-to-earnings-growth ratio of 0.38 and a beta of 0.69. The business has a 50 day simple moving average of GBX 149.84 and a two-hundred day simple moving average of GBX 147.61. The company has a current ratio of 0.89, a quick ratio of 0.83 and a debt-to-equity ratio of 187.58.

Insiders Place Their Bets

In other news, insider Alex Chisholm acquired 30,000 shares of the company's stock in a transaction dated Tuesday, February 4th. The stock was acquired at an average cost of GBX 141 ($1.82) per share, for a total transaction of £42,300 ($54,615.88). Corporate insiders own 43.86% of the company's stock.

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.