BT Group (LON:BT.A) Reaches New 12-Month High – What’s Next?

BT Group plc (LON:BT.A)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 152.25 ($1.91) and last traded at GBX 151.80 ($1.91), with a volume of 82098992 shares traded. The stock had previously closed at GBX 151.25 ($1.90).

BT Group Stock Performance

The stock’s 50-day simple moving average is GBX 144.88 and its 200-day simple moving average is GBX 139.44. The stock has a market cap of £15.52 billion, a price-to-earnings ratio of 1,732.78, 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.

Insiders Place Their Bets

In other BT Group news, insider Tushar Morzaria bought 35,000 shares of the firm’s stock in a transaction on Friday, November 8th. The shares were purchased at an average price of GBX 136 ($1.71) per share, for a total transaction of £47,600 ($59,836.58). Company insiders own 43.86% of the company’s stock.

About BT Group

BT Group plc provides communications services worldwide. Its Consumer segment sells telephones, baby monitors, and Wi-Fi extenders through high street retailers, online BT Shop, and Website BT.com; and offers home phone, copper and fiber broadband, TV, and mobile services in various packages. The company's EE segment offers 2G, 3G, and 4G mobile network services; broadband, fixed-voice, and TV services; and postpaid and prepaid plans, and emergency services network.