BT Group (LON:BT.A) Shares Pass Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• BT Group's share price recently surpassed its 200-day moving average, trading as high as GBX 206.95 ($2.81) before closing at GBX 205.70 ($2.79).
• The company has a significant debt-to-equity ratio of 187.58, and a market capitalization of £20.04 billion.
• Insider Simon Lowth sold 134,546 shares at an average price of GBX 190, highlighting a potential shift in insider sentiment.

BT Group plc (LON:BT.A - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 182.60 ($2.47) and traded as high as GBX 206.95 ($2.80). BT Group shares last traded at GBX 205.70 ($2.79), with a volume of 9,993,858 shares changing hands.

BT Group Stock Up 0.6%

The firm has a 50 day simple moving average of GBX 207.15 and a two-hundred day simple moving average of GBX 183.80. 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 market cap of £19.57 billion, a price-to-earnings ratio of 1,895.28, a price-to-earnings-growth ratio of 0.38 and a beta of 0.69.

Insiders Place Their Bets

In other BT Group news, insider Simon Lowth sold 134,546 shares of the stock in a transaction dated Tuesday, June 24th. The stock was sold at an average price of GBX 190, for a total value of £255,637.40. Insiders own 0.21% 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.