BT Group (LON:BT.A) Sets New 12-Month High – Time to Buy?

Shares of BT Group plc (LON:BT.A) hit a new 52-week high on Tuesday . The stock traded as high as GBX 162.15 ($2.11) and last traded at GBX 161.77 ($2.10), with a volume of 130032711 shares trading hands. The stock had previously closed at GBX 158.70 ($2.06).

BT Group Stock Up 1.3 %

The company has a quick ratio of 0.83, a current ratio of 0.89 and a debt-to-equity ratio of 187.58. The company has a 50-day simple moving average of GBX 148.93 and a two-hundred day simple moving average of GBX 147.33. The stock has a market cap of £15.83 billion, a P/E ratio of 1,798.89, a P/E/G ratio of 0.38 and a beta of 0.69.

Insider Buying and Selling at BT Group

In other BT Group news, insider Alex Chisholm bought 30,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 4th. The stock was bought at an average price of GBX 141 ($1.83) per share, for a total transaction of £42,300 ($55,027.97). Corporate insiders own 43.86% 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.