BT Group (LON:BT.A) Shares Pass Above 200-Day Moving Average - What's Next?

BT Group plc (LON:BT.A - Get Free Report) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 148.62 ($1.92) and traded as high as GBX 165.85 ($2.14). BT Group shares last traded at GBX 164.99 ($2.13), with a volume of 22,688,764 shares traded.

BT Group Stock Down 5.5 %

The company's 50 day moving average price is GBX 154.83 and its two-hundred day moving average price is GBX 149.18. The company has a current ratio of 0.89, a quick ratio of 0.83 and a debt-to-equity ratio of 187.58. The firm has a market cap of £16.02 billion, a PE ratio of 1,820.56, a PEG ratio of 0.38 and a beta of 0.69.

Insider Buying and Selling 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 shares were bought at an average price of GBX 141 ($1.82) per share, with a total value of £42,300 ($54,545.45). 43.86% of the stock is currently owned by corporate insiders.

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.