BT Group (LON:BT.A) Share Price Crosses Above 200 Day Moving Average – Here’s What Happened

BT Group plc (LON:BT.A) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 142.96 ($1.80) and traded as high as GBX 146.10 ($1.84). BT Group shares last traded at GBX 145 ($1.82), with a volume of 40,751,488 shares trading hands.

BT Group Stock Performance

The company has a 50-day moving average price of GBX 147.56 and a two-hundred day moving average price of GBX 142.96. The company has a market capitalization of £14.18 billion, a PE ratio of 1,611.11, a PEG ratio of 0.38 and a beta of 0.69. The company has a quick ratio of 0.83, a current ratio of 0.89 and a debt-to-equity ratio of 187.58.

Insider Buying and Selling at BT Group

In related news, insider Tushar Morzaria acquired 35,000 shares of the stock in a transaction dated Friday, November 8th. The shares were purchased at an average price of GBX 136 ($1.71) per share, for a total transaction of £47,600 ($59,821.54). Insiders own 43.86% of the company’s stock.

BT Group Company Profile

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.