BT Group (LON:BT.A) Sets New 52-Week High – Time to Buy?

BT Group plc (LON:BT.A)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 228.55 and last traded at GBX 227.75, with a volume of 137525125 shares. The stock had previously closed at GBX 216.75.

BT Group Trading Down 0.3%

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 firm has a market capitalization of £21.75 billion, a price-to-earnings ratio of 23.26, a price-to-earnings-growth ratio of 0.38 and a beta of 0.69. The business’s 50 day moving average price is GBX 213.55 and its 200-day moving average price is GBX 195.61.

Insider Activity

In other BT Group news, insider Sara Weller bought 5,932 shares of the business’s stock in a transaction dated Tuesday, February 10th. The stock was acquired at an average cost of GBX 201 per share, with a total value of £11,923.32. Company insiders own 1.80% 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.