BT Group (LON:BT.A) Stock Passes Above 200-Day Moving Average - Here's What Happened

BT Group plc (LON:BT.A - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 147.09 ($1.90) and traded as high as GBX 159.20 ($2.06). BT Group shares last traded at GBX 158.70 ($2.05), with a volume of 28,704,822 shares changing hands.

BT Group Stock Performance

The company has a market capitalization of £16.07 billion, a price-to-earnings ratio of 1,826.11, a P/E/G ratio of 0.38 and a beta of 0.69. 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 50-day simple moving average of GBX 149.84 and a two-hundred day simple moving average of GBX 147.66.

Insider Transactions at BT Group

In other BT Group news, insider Alex Chisholm bought 30,000 shares of the firm's stock in a transaction that occurred on Tuesday, February 4th. The stock was purchased at an average price 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.

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.