BT Group (LON:BT.A) Stock Passes Above 200-Day Moving Average - Time to Sell?

Key Points

• BT Group shares have recently crossed above their 200-day moving average, indicating potential positive momentum, with shares trading at GBX 204.40 ($2.75).
• The company's debt-to-equity ratio stands at 187.58, reflecting a high level of debt compared to equity, while having a market cap of £19.92 billion.
• Insider Simon Lowth sold 134,546 shares for approximately £255,637.40, suggesting potential insider movement amidst the stock's recent performance.

BT Group plc (LON:BT.A - Get Free Report)'s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 180.36 ($2.44) and traded as high as GBX 206.30 ($2.79). BT Group shares last traded at GBX 204.40 ($2.77), with a volume of 24,923,561 shares trading hands.

BT Group Trading Down 0.8%

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 firm has a market cap of £19.65 billion, a PE ratio of 1,902.83, a P/E/G ratio of 0.38 and a beta of 0.69. The business has a fifty day moving average price of GBX 206.41 and a 200 day moving average price of GBX 181.89.

Insiders Place Their Bets

In other news, insider Simon Lowth sold 134,546 shares of the business's stock in a transaction that occurred on Tuesday, June 24th. The shares were sold at an average price of GBX 190, for a total transaction of £255,637.40. Insiders own 0.21% of the company's stock.

About BT Group

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.