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BT Group (LON:BT.A) Shares Cross Above Two Hundred Day Moving Average - Time to Sell?

BT Group logo with Business Services background

Key Points

  • BT Group's stock price has risen above its 200-day moving average, reaching GBX 215.90 ($2.91), with a trading volume of over 14 million shares.
  • The company has a high debt-to-equity ratio of 187.58 and a market cap of £21.19 billion, indicating significant leverage in its financial structure.
  • Insider selling occurred recently, as Simon Lowth sold 134,546 shares at an average price of GBX 190, highlighting potential concerns among insiders.
  • Five stocks we like better than BT Group.

BT Group plc (LON:BT.A - Get Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 177.87 ($2.40) and traded as high as GBX 217.60 ($2.94). BT Group shares last traded at GBX 215.90 ($2.92), with a volume of 14,732,313 shares.

BT Group Trading Down 2.0%

The stock has a market capitalization of £20.67 billion, a PE ratio of 2,001.89, a P/E/G ratio of 0.38 and a beta of 0.69. 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 company has a 50 day simple moving average of GBX 204.30 and a 200 day simple moving average of GBX 179.18.

Insider Buying and Selling

In other news, insider Simon Lowth sold 134,546 shares of the firm's stock in a transaction on Tuesday, June 24th. The shares were sold at an average price of GBX 190, for a total value of £255,637.40. Insiders own 0.20% of the company's stock.

About BT Group

(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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