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

BT Group plc (LON:BT.A) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 149.78 ($1.99) and traded as high as GBX 168.50 ($2.24). BT Group shares last traded at GBX 166.85 ($2.21), with a volume of 15,086,331 shares changing hands.

BT Group Trading Down 0.7 %

The company has a quick ratio of 0.83, a current ratio of 0.89 and a debt-to-equity ratio of 187.58. The stock’s 50 day moving average is GBX 157.78 and its two-hundred day moving average is GBX 149.91. The company has a market capitalization of £16.21 billion, a PE ratio of 1,841.11, a price-to-earnings-growth ratio of 0.38 and a beta of 0.69.

Insider Activity at BT Group

In related news, insider Alex Chisholm acquired 30,000 shares of the company’s stock in a transaction dated Tuesday, February 4th. The shares were purchased at an average cost of GBX 141 ($1.87) per share, with a total value of £42,300 ($56,123.13). 43.86% of the stock is currently owned by corporate insiders.

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.