BT Group (LON:BT.A) Shares Cross Above 200-Day Moving Average - What's Next?

Key Points

• BT Group shares have crossed above their 200-day moving average, indicating potential positive momentum, with the stock trading last at GBX 188.61 ($2.54).
• The company has a market capitalization of £18.50 billion and a high PE ratio of 1,791.51, which may raise concerns about its valuation.
• BT Group is recognized as the UK's leading provider of fixed and mobile telecommunications, serving both individual consumers and businesses across 180 countries.

Shares of BT Group plc (LON:BT.A - ) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 186.19 ($2.50) and traded as high as GBX 193.84 ($2.61). BT Group shares last traded at GBX 188.61 ($2.54), with a volume of 76,457,258 shares trading hands.

BT Group Stock Down 0.7%

The business's 50 day simple moving average is GBX 206.85 and its 200 day simple moving average is GBX 186.19. 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 capitalization of £18.50 billion, a PE ratio of 1,791.51, a PEG ratio of 0.38 and a beta of 0.69.

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.

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