BT Group (LON:BT.A) Hits New 1-Year High – What’s Next?

BT Group plc (LON:BT.A) hit a new 52-week high on Monday . The stock traded as high as GBX 236.70 and last traded at GBX 235.30, with a volume of 131250234 shares traded. The stock had previously closed at GBX 236.20.

BT Group Stock Performance

The stock has a market cap of £22.89 billion, a P/E ratio of 24.48, a PEG ratio of 0.38 and a beta of 0.69. The business has a 50 day moving average price of GBX 213.79 and a 200 day moving average price of GBX 195.87. The company has a quick ratio of 0.83, a current ratio of 0.89 and a debt-to-equity ratio of 187.58.

Insider Activity at BT Group

In other news, insider Sara Weller purchased 5,932 shares of the stock in a transaction that occurred on Tuesday, February 10th. The stock was purchased at an average price of GBX 201 per share, for a total transaction of £11,923.32. Corporate insiders own 1.80% of the company’s stock.

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.