BT Group (LON:BT.A) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

BT Group plc (LON:BT.A)’s stock price crossed below its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of GBX 205.83 and traded as low as GBX 196.60. BT Group shares last traded at GBX 199, with a volume of 15,193,241 shares.

BT Group Stock Performance

The stock’s 50 day moving average is GBX 200.35 and its two-hundred day moving average is GBX 205.66. The firm has a market capitalization of £19.55 billion, a P/E ratio of 18.37, a P/E/G ratio of 0.38 and a beta of 0.69. The company has a debt-to-equity ratio of 187.58, a current ratio of 0.89 and a quick ratio of 0.83.

About BT Group

BT Group is the UK’s leading provider of fixed and mobile telecommunications and related secure digital products, solutions and services.

BT Group consists of four customer-facing units: Consumer serves individuals and families in the UK; Business covers companies and public services in the UK; International serves multinational organisations headquartered outside the UK and overseas public sector customers; Openreach is an independently governed, wholly owned subsidiary wholesaling fixed access infrastructure services to its customers – over 700 communications providers across the UK.
British Telecommunications Limited is a wholly owned subsidiary of BT Group plc and encompasses virtually all businesses and assets of the BT Group.