BT Group (LON:BT.A) Share Price Passes Above Two Hundred Day Moving Average – Here’s Why

Shares of BT Group plc (LON:BT.A) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 201.47 and traded as high as GBX 204.50. BT Group shares last traded at GBX 201.50, with a volume of 12,905,005 shares traded.

BT Group Trading Down 0.0%

The firm has a market capitalization of £19.63 billion, a PE ratio of 18.66, a P/E/G ratio of 0.38 and a beta of 0.69. The business has a 50 day moving average price of GBX 218.44 and a 200-day moving average price of GBX 201.47. The company has a current ratio of 0.89, a quick ratio of 0.83 and a debt-to-equity ratio of 187.58.

BT Group (LON:BT.A) last issued its earnings results on Thursday, May 21st. The communications services company reported GBX 18.30 earnings per share (EPS) for the quarter. The business had revenue of GBX 1,965.40 billion during the quarter. BT Group had a return on equity of 6.33% and a net margin of 4.11%. Analysts expect that BT Group plc will post 19.1185956 earnings per share for the current year.

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.