BT Group (LON:BT.A) Shares Pass Above 200 Day Moving Average – Time to Sell?

BT Group plc (LON:BT.A) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 200.55 and traded as high as GBX 217.40. BT Group shares last traded at GBX 208.60, with a volume of 28,367,990 shares trading hands.

BT Group Stock Performance

The company has a debt-to-equity ratio of 187.58, a current ratio of 0.89 and a quick ratio of 0.83. The stock has a fifty day moving average price of GBX 219.17 and a two-hundred day moving average price of GBX 200.55. The company has a market cap of £20.32 billion, a P/E ratio of 21.73, a PEG ratio of 0.38 and a beta of 0.69.

BT Group (LON:BT.A) last released its quarterly earnings results on Thursday, May 21st. The communications services company reported GBX 18.30 EPS for the quarter. BT Group had a net margin of 4.11% and a return on equity of 6.33%. The business had revenue of GBX 1,965.40 billion for the quarter. On average, equities analysts forecast that BT Group plc will post 19.1185956 earnings per share for the current fiscal year.

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.