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

Shares of 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 191.40 and traded as high as GBX 216.10. BT Group shares last traded at GBX 216.10, with a volume of 10,781,224 shares trading hands.

BT Group Stock Up 2.1%

The company’s fifty day moving average price is GBX 205.37 and its 200-day moving average price is GBX 191.40. The stock has a market cap of £21.05 billion, a P/E ratio of 22.51, a price-to-earnings-growth ratio of 0.38 and a beta of 0.69. The company has a debt-to-equity ratio of 187.58, a quick ratio of 0.83 and a current ratio of 0.89.

Insiders Place Their Bets

In other news, insider Sara Weller acquired 5,932 shares of BT Group stock in a transaction that occurred on Tuesday, February 10th. The shares were bought at an average cost of GBX 201 per share, with a total value of £11,923.32. 1.80% 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.