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

Shares of BT Group plc (LON:BT.A - Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 145.61 ($1.86) and traded as high as GBX 157.60 ($2.02). BT Group shares last traded at GBX 157.60 ($2.02), with a volume of 15,171,605 shares changing hands.

BT Group Stock Down 0.9 %

The company has a debt-to-equity ratio of 187.58, a quick ratio of 0.83 and a current ratio of 0.89. The firm has a market capitalization of £15.14 billion, a P/E ratio of 1,720.56, a PEG ratio of 0.38 and a beta of 0.69. The business's fifty day moving average price is GBX 146.04 and its two-hundred day moving average price is GBX 145.83.

Insiders Place Their Bets

In other BT Group news, insider Alex Chisholm purchased 30,000 shares of the stock in a transaction on Tuesday, February 4th. The stock was acquired at an average price of GBX 141 ($1.80) per share, with a total value of £42,300 ($54,112.83). 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.