BT Group (LON:BT.A) Reaches New 12-Month High – What’s Next?

BT Group plc (LON:BT.A)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 162.15 ($2.11) and last traded at GBX 161.77 ($2.10), with a volume of 130032711 shares changing hands. The stock had previously closed at GBX 158.70 ($2.06).

BT Group Price Performance

The firm has a market capitalization of £15.78 billion, a P/E ratio of 1,792.78, a P/E/G ratio of 0.38 and a beta of 0.69. The stock’s 50 day simple moving average is GBX 148.29 and its 200 day simple moving average is GBX 147.09. The company has a debt-to-equity ratio of 187.58, a quick ratio of 0.83 and a current ratio of 0.89.

Insider Buying and Selling

In other BT Group news, insider Alex Chisholm acquired 30,000 shares of BT Group stock in a transaction that occurred on Tuesday, February 4th. The stock was bought at an average price of GBX 141 ($1.83) per share, with a total value of £42,300 ($54,942.20). 43.86% of the stock is owned by insiders.

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.