BT Group (LON:BT.A) Sets New 52-Week High – Still a Buy?

BT Group plc (LON:BT.A) hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 167.70 ($2.18) and last traded at GBX 167.11 ($2.17), with a volume of 51795773 shares. The stock had previously closed at GBX 165.85 ($2.15).

BT Group Stock Up 1.0 %

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 firm has a market cap of £16.45 billion, a PE ratio of 1,869.44, a price-to-earnings-growth ratio of 0.38 and a beta of 0.69. The stock has a fifty day simple moving average of GBX 153.71 and a two-hundred day simple moving average of GBX 148.88.

Insider Activity

In other BT Group news, insider Alex Chisholm acquired 30,000 shares of the stock in a transaction that occurred on Tuesday, February 4th. The shares were bought at an average price of GBX 141 ($1.83) per share, for a total transaction of £42,300 ($54,927.93). 43.86% of the stock is owned by company insiders.

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.