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

Shares of 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 ($1.91) and traded as high as GBX 159.20 ($2.06). BT Group shares last traded at GBX 158.70 ($2.06), with a volume of 28,704,822 shares changing hands.

BT Group Price Performance

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 business's 50-day simple moving average is GBX 149.32 and its two-hundred day simple moving average is GBX 147.44. The firm has a market cap 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.

Insider Activity

In other BT Group news, insider Alex Chisholm acquired 30,000 shares of the company's stock in a transaction dated Tuesday, February 4th. The shares were bought at an average cost of GBX 141 ($1.83) per share, with a total value of £42,300 ($54,849.59). 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.