BT Group (LON:BT.A) Reaches New 1-Year High - Should You Buy?

BT Group plc (LON:BT.A - Get Free Report) hit a new 52-week high on Friday . The company traded as high as GBX 198.95 ($2.67) and last traded at GBX 198.06 ($2.66), with a volume of 43165648 shares trading hands. The stock had previously closed at GBX 197.85 ($2.65).

BT Group Price Performance

The company has a 50 day moving average of GBX 183.29 and a 200 day moving average of GBX 165.16. The stock has a market capitalization of £19.55 billion, a price-to-earnings ratio of 2,221.11, a PEG 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.

BT Group (LON:BT.A - Get Free Report) last announced its earnings results on Thursday, May 22nd. The communications services company reported GBX 18.80 ($0.25) earnings per share for the quarter. BT Group had a return on equity of 6.33% and a net margin of 4.11%. As a group, equities research analysts anticipate that BT Group plc will post 19.1185956 EPS for the current year.

Insiders Place Their Bets

In related news, insider Simon Lowth sold 134,546 shares of BT Group stock in a transaction on Tuesday, June 24th. The shares were sold at an average price of GBX 190 ($2.55), for a total value of £255,637.40 ($342,907.31). Insiders own 43.86% of the company's stock.

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.