BT Group (LON:BT.A) Reaches New 52-Week High – What’s Next?

Shares of BT Group plc (LON:BT.A) reached a new 52-week high during trading on Monday . The stock traded as high as GBX 164.55 ($2.13) and last traded at GBX 164.45 ($2.13), with a volume of 1284125375 shares changing hands. The stock had previously closed at GBX 164.35 ($2.13).

BT Group Stock Performance

The company has a market cap of £15.95 billion, a PE ratio of 1,811.67, a PEG ratio of 0.38 and a beta of 0.69. The business’s 50-day moving average is GBX 150.85 and its 200 day moving average is GBX 148. 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 Activity

In other news, insider Alex Chisholm purchased 30,000 shares of the stock in a transaction that occurred on Tuesday, February 4th. The stock was bought at an average cost of GBX 141 ($1.83) per share, for a total transaction of £42,300 ($54,764.37). 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.