BT Group (LON:BT.A) Trading Up 8.4% - Still a Buy?

Key Points

• BT Group's shares rose 8.4% during mid-day trading, reaching a high of GBX 221.17 ($2.99) before closing at GBX 216.12 ($2.92), with trading volume significantly increasing by 165% over the average.
• The company reported GBX 18.80 ($0.25) earnings per share (EPS) for the last quarter, with analysts predicting an average EPS of 19.12 for the current year.
• Insider Simon Lowth sold 134,546 shares of BT Group at an average price of GBX 190 ($2.57) in a significant transaction, and insiders currently hold 43.86% of the company's stock.

BT Group plc (LON:BT.A - Get Free Report) shares were up 8.4% during mid-day trading on Friday . The stock traded as high as GBX 221.17 ($2.99) and last traded at GBX 216.12 ($2.92). Approximately 49,113,328 shares were traded during mid-day trading, an increase of 165% from the average daily volume of 18,542,895 shares. The stock had previously closed at GBX 199.40 ($2.69).

BT Group Price Performance

The company has a 50 day moving average of GBX 186.56 and a 200-day moving average of GBX 166.48. The firm has a market capitalization of £21.65 billion, a P/E ratio of 2,459.46, 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.

BT Group (LON:BT.A - Get Free Report) last released 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 return on equity of 6.33% and a net margin of 4.11%. On average, sell-side analysts predict 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 company's stock in a transaction on Tuesday, June 24th. The stock was sold at an average price of GBX 190 ($2.57), for a total transaction of £255,637.40 ($345,315.95). Insiders own 43.86% of the company's stock.

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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