BT Group (LON:BT.A) Share Price Crosses Above 200-Day Moving Average – Here’s What Happened

BT Group plc (LON:BT.A) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 157.94 ($2.12) and traded as high as GBX 188.25 ($2.53). BT Group shares last traded at GBX 188.20 ($2.53), with a volume of 15,568,354 shares trading hands.

BT Group Stock Performance

The company has a market cap of £18.41 billion, a price-to-earnings ratio of 2,091.11, a price-to-earnings-growth ratio of 0.38 and a beta of 0.69. The company has a debt-to-equity ratio of 187.58, a quick ratio of 0.83 and a current ratio of 0.89. The stock’s fifty day simple moving average is GBX 170.65 and its two-hundred day simple moving average is GBX 157.94.

BT Group (LON:BT.A) last posted its quarterly earnings data on Thursday, May 22nd. The communications services company reported GBX 18.80 ($0.25) earnings per share (EPS) for the quarter. BT Group had a return on equity of 6.33% and a net margin of 4.11%. Equities research analysts anticipate that BT Group plc will post 19.1185956 EPS for the current year.

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.