BT Group (LON:BT.A) Share Price Passes Above 200-Day Moving Average - Should You Sell?

BT Group plc (LON:BT.A - Get Free Report)'s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 163.92 ($2.20) and traded as high as GBX 196.25 ($2.63). BT Group shares last traded at GBX 194.65 ($2.61), with a volume of 9,510,720 shares traded.

BT Group Stock Up 0.1%

The company has a current ratio of 0.89, a quick ratio of 0.83 and a debt-to-equity ratio of 187.58. The stock has a 50 day simple moving average of GBX 183.29 and a 200 day simple moving average of GBX 164.89. The firm has a market capitalization of £19.36 billion, a PE ratio of 2,199.44, a PEG ratio of 0.38 and a beta of 0.69.

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

Insiders Place Their Bets

In other news, insider Simon Lowth sold 134,546 shares of the stock in a transaction on Tuesday, June 24th. The stock was sold at an average price of GBX 190 ($2.55), for a total value of £255,637.40 ($343,137.45). 43.86% of the stock is currently owned by insiders.

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.