BT Group (LON:BT.A) Hits New 12-Month High – Still a Buy?

BT Group plc (LON:BT.A)’s share price hit a new 52-week high during trading on Friday . The company traded as high as GBX 224.55 and last traded at GBX 224.32, with a volume of 38247000 shares traded. The stock had previously closed at GBX 220.25.

BT Group Trading Up 1.8%

The firm has a market cap of £21.84 billion, a PE ratio of 23.35, a P/E/G ratio of 0.38 and a beta of 0.69. The company’s fifty day moving average price is GBX 211.73 and its two-hundred day moving average price is GBX 193.73. The company has a quick ratio of 0.83, a current ratio of 0.89 and a debt-to-equity ratio of 187.58.

Insiders Place Their Bets

In other BT Group news, insider Sara Weller acquired 5,932 shares of the stock in a transaction on Tuesday, February 10th. The shares were bought at an average price of GBX 201 per share, with a total value of £11,923.32. Corporate insiders own 1.80% 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.