Shares of BT Group plc (LON:BT.A - Get Free Report) shot up 8.4% during trading on Thursday . The stock traded as high as GBX 221.17 ($2.97) and last traded at GBX 216.12 ($2.90). 49,113,328 shares traded hands during trading, an increase of 165% from the average session volume of 18,542,895 shares. The stock had previously closed at GBX 199.40 ($2.68).
BT Group Stock Performance
The stock's 50-day moving average price is GBX 186.56 and its 200-day moving average price is GBX 166.48. 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 market capitalization of £21.78 billion, a P/E ratio of 2,474.44, a P/E/G ratio of 0.38 and a beta of 0.69.
BT Group (LON:BT.A - Get Free Report) last posted its quarterly 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 net margin of 4.11% and a return on equity of 6.33%. As a group, equities analysts expect that BT Group plc will post 19.1185956 EPS for the current year.
Insider Buying and Selling at BT Group
In related news, insider Simon Lowth sold 134,546 shares of the stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of GBX 190 ($2.55), for a total value of £255,637.40 ($343,552.48). 43.86% of the stock is currently owned by company insiders.
BT Group Company Profile
(
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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.
Further Reading
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