BT Group (LON:BT.A) Stock Passes Above 200-Day Moving Average – Here’s What Happened

BT Group plc (LON:BT.A) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 142.26 ($1.80) and traded as high as GBX 152.55 ($1.93). BT Group shares last traded at GBX 151.20 ($1.91), with a volume of 13,993,953 shares changing hands.

BT Group Trading Up 0.0 %

The company’s 50 day simple moving average is GBX 147.40 and its 200 day simple moving average is GBX 142.43. 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 firm has a market cap of £14.79 billion, a price-to-earnings ratio of 1,680.56, a P/E/G ratio of 0.38 and a beta of 0.69.

Insider Transactions at BT Group

In related news, insider Tushar Morzaria acquired 35,000 shares of BT Group stock in a transaction dated Friday, November 8th. The stock was acquired at an average price of GBX 136 ($1.72) per share, for a total transaction of £47,600 ($60,078.25). Corporate insiders own 43.86% of the company’s stock.

About BT Group

BT Group plc provides communications services worldwide. Its Consumer segment sells telephones, baby monitors, and Wi-Fi extenders through high street retailers, online BT Shop, and Website BT.com; and offers home phone, copper and fiber broadband, TV, and mobile services in various packages. The company's EE segment offers 2G, 3G, and 4G mobile network services; broadband, fixed-voice, and TV services; and postpaid and prepaid plans, and emergency services network.