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

BT Group logo with Business Services background

BT Group plc (LON:BT.A - Get Free Report)'s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 129.01 ($1.73) and traded as high as GBX 145.35 ($1.94). BT Group shares last traded at GBX 143.40 ($1.92), with a volume of 9,820,910 shares changing hands.

BT Group Stock Performance

The stock has a market capitalization of £13.94 billion, a price-to-earnings ratio of 1,580.56, a price-to-earnings-growth ratio of 0.44 and a beta of 0.69. The company has a debt-to-equity ratio of 187.58, a current ratio of 0.89 and a quick ratio of 0.83. The stock has a 50-day moving average of GBX 141.72 and a 200 day moving average of GBX 129.11.

Insider Transactions at BT Group

In other news, insider Simon Lowth sold 198,537 shares of the stock in a transaction on Monday, August 5th. The stock was sold at an average price of GBX 134 ($1.79), for a total value of £266,039.58 ($355,858.19). 43.86% of the stock is owned by corporate insiders.

About BT Group

(Get Free Report)

BT Group plc provides communications services worldwide. Its Consumer segment sells telephones, baby monitors, and Wi-Fi extenders through high street retailers, online BT Shop, and Website BT.com; and offers home phone, copper and fiber broadband, TV, and mobile services in various packages. The company's EE segment offers 2G, 3G, and 4G mobile network services; broadband, fixed-voice, and TV services; and postpaid and prepaid plans, and emergency services network.

Further Reading

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