BT Group (LON:BT.A) Hits New 1-Year High – Time to Buy?

BT Group plc (LON:BT.A)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 189.10 ($2.55) and last traded at GBX 189.10 ($2.55), with a volume of 19500436 shares changing hands. The stock had previously closed at GBX 188.20 ($2.53).

BT Group Price Performance

The stock has a market cap of £18.72 billion, a P/E ratio of 2,127.22, a price-to-earnings-growth 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. The company’s fifty day simple moving average is GBX 172.10 and its 200-day simple moving average is GBX 158.36.

BT Group (LON:BT.A) last posted its earnings results on Thursday, May 22nd. The communications services company reported GBX 18.80 ($0.25) earnings per share for the quarter. BT Group had a net margin of 4.11% and a return on equity of 6.33%. As a group, sell-side analysts forecast that BT Group plc will post 19.1185956 EPS for the current year.

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.