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BT Group (LON:BT.A) Share Price Crosses Above 200 Day Moving Average - What's Next?

BT Group logo with Business Services background

Shares of BT Group plc (LON:BT.A - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 131.85 ($1.72) and traded as high as GBX 148.03 ($1.93). BT Group shares last traded at GBX 146.25 ($1.91), with a volume of 7,760,998 shares traded.

BT Group Stock Performance

The firm has a market cap of £14.30 billion, a P/E ratio of 1,625.00, a PEG ratio of 0.38 and a beta of 0.69. 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 company's 50-day moving average is GBX 143.74 and its two-hundred day moving average is GBX 132.11.

Insiders Place Their Bets

In other news, insider Simon Lowth sold 198,537 shares of the firm's stock in a transaction that occurred on Monday, August 5th. The shares were sold at an average price of GBX 134 ($1.75), for a total transaction of £266,039.58 ($347,400.86). Insiders own 43.86% of the company's stock.

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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