BT Group (LON:BT.A) Shares Pass Above Two Hundred Day Moving Average – Time to Sell?

BT Group plc (LON:BT.A) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 153.71 ($2.06) and traded as high as GBX 171.35 ($2.29). BT Group shares last traded at GBX 169.89 ($2.28), with a volume of 20,772,889 shares traded.

BT Group Price Performance

The company has a market cap of £16.45 billion, a P/E ratio of 1,868.89, a PEG ratio of 0.38 and a beta of 0.69. The company has a fifty day moving average price of GBX 164.32 and a two-hundred day moving average price of GBX 153.71. The company has a debt-to-equity ratio of 187.58, a quick ratio of 0.83 and a current ratio of 0.89.

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.