BT Group (LON:BT.A) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

BT Group plc (LON:BT.A) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 130.58 ($1.71) and traded as high as GBX 146.95 ($1.92). BT Group shares last traded at GBX 145.65 ($1.91), with a volume of 7,465,142 shares traded.

BT Group Trading Down 1.1 %

The stock has a market cap of £14.09 billion, a P/E ratio of 1,601.11, a price-to-earnings-growth ratio of 0.43 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 business’s fifty day simple moving average is GBX 142.41 and its 200 day simple moving average is GBX 130.83.

Insider Activity at BT Group

In other news, insider Simon Lowth sold 198,537 shares of the company’s stock in a transaction on Monday, August 5th. The stock was sold at an average price of GBX 134 ($1.75), for a total transaction of £266,039.58 ($348,173.77). 43.86% of the stock is currently owned by company insiders.

BT Group Company Profile

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.