BT Group (LON:BT.A) Share Price Passes Above 200 Day Moving Average – Time to Sell?

BT Group plc (LON:BT.A)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 191.36 and traded as high as GBX 209.80. BT Group shares last traded at GBX 203.30, with a volume of 9,890,662 shares traded.

BT Group Stock Up 0.5%

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 stock has a market cap of £19.91 billion, a P/E ratio of 21.29, a PEG ratio of 0.38 and a beta of 0.69. The company’s 50 day moving average price is GBX 188.93 and its two-hundred day moving average price is GBX 191.36.

Insider Transactions at BT Group

In related news, insider Sunil Bharti Mittal bought 3,317,006 shares of the firm’s stock in a transaction that occurred on Friday, December 5th. The shares were bought at an average cost of GBX 179 per share, with a total value of £5,937,440.74. Also, insider Sara Weller bought 5,932 shares of the stock in a transaction that occurred on Tuesday, February 10th. The shares were bought at an average price of GBX 201 per share, for a total transaction of £11,923.32. Insiders have acquired 3,332,938 shares of company stock worth $596,766,406 in the last 90 days. 1.80% of the stock is currently owned by 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.