BT Group (LON:BT.A) Shares Pass Above 200 Day Moving Average - Should You Sell?

BT Group plc (LON:BT.A - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 150.67 ($2.01) and traded as high as GBX 167.15 ($2.23). BT Group shares last traded at GBX 166.60 ($2.22), with a volume of 10,644,009 shares trading hands.

BT Group Price Performance

The business has a fifty day moving average of GBX 161.21 and a 200-day moving average of GBX 151.40. 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 £17.00 billion, a PE ratio of 1,931.11, a PEG ratio of 0.38 and a beta of 0.69.

Insider Transactions at BT Group

In other BT Group news, insider Alex Chisholm purchased 30,000 shares of the stock in a transaction on Tuesday, February 4th. The shares were purchased at an average price of GBX 141 ($1.88) per share, with a total value of £42,300 ($56,362.43). Insiders own 43.86% 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.