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

BT Group plc (LON:BT.A - Get Free Report) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 145.98 ($1.89) and traded as high as GBX 160.85 ($2.08). BT Group shares last traded at GBX 160.25 ($2.08), with a volume of 25,425,697 shares trading hands.

BT Group Trading Up 2.4 %

The firm has a market cap of £15.30 billion, a P/E ratio of 1,737.78, a PEG ratio of 0.38 and a beta of 0.69. The company's 50 day moving average is GBX 147.66 and its two-hundred day moving average is GBX 146.60. The company has a debt-to-equity ratio of 187.58, a current ratio of 0.89 and a quick ratio of 0.83.

Insiders Place Their Bets

In other BT Group news, insider Alex Chisholm bought 30,000 shares of the firm's stock in a transaction dated Tuesday, February 4th. The shares were acquired at an average cost of GBX 141 ($1.83) per share, for a total transaction of £42,300 ($54,792.75). 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.