BT Group (LON:BT.A) Sets New 1-Year High – Here’s What Happened

BT Group plc (LON:BT.A) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 179.80 ($2.42) and last traded at GBX 178.19 ($2.40), with a volume of 15601778 shares changing hands. The stock had previously closed at GBX 179.46 ($2.42).

BT Group Trading Down 0.7%

The company has a debt-to-equity ratio of 187.58, a current ratio of 0.89 and a quick ratio of 0.83. The stock has a market cap of £17.43 billion, a price-to-earnings ratio of 1,979.89, a P/E/G ratio of 0.38 and a beta of 0.69. The company’s fifty day moving average price is GBX 166.09 and its 200-day moving average price is GBX 155.60.

BT Group (LON:BT.A) last issued its quarterly 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%. On average, research analysts expect that BT Group plc will post 19.1185956 EPS for the current fiscal 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.