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BT Group (LON:BT.A) Hits New 52-Week High - Still a Buy?

BT Group logo with Business Services background
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Key Points

  • BT Group hit a new 52-week high — shares traded as high as GBX 228.55 (last GBX 227.75) on volume of 137,525,125, up from a prior close of GBX 216.75.
  • The stock is trading above its 50‑day (GBX 212.85) and 200‑day (GBX 195.06) moving averages with a market cap of £22.14 billion, a P/E of 23.67 and P/E/G of 0.38, though leverage is high (debt‑to‑equity 187.58) and liquidity ratios are below 1 (quick 0.83, current 0.89).
  • Insider activity: director Sara Weller bought 5,932 shares at GBX 201 on Feb 10, and insiders now own about 1.80% of the company.
  • MarketBeat previews the top five stocks to own by June 1st.

BT Group plc (LON:BT.A - Get Free Report)'s stock price hit a new 52-week high on Tuesday . The stock traded as high as GBX 228.55 and last traded at GBX 227.75, with a volume of 137525125 shares changing hands. The stock had previously closed at GBX 216.75.

BT Group Stock Performance

The firm has a 50 day moving average of GBX 212.85 and a two-hundred day moving average of GBX 195.06. The stock has a market cap of £22.14 billion, a P/E ratio of 23.67, a P/E/G 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 BT Group news, insider Sara Weller bought 5,932 shares of the firm's stock in a transaction that occurred on Tuesday, February 10th. The stock was purchased at an average price of GBX 201 per share, for a total transaction of £11,923.32. 1.80% of the stock is currently owned by insiders.

BT Group Company Profile

(Get Free Report)

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.

See Also

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