BT Group (LON:BT.A) Sets New 1-Year High – Here’s What Happened

by · The Cerbat Gem

BT Group plc (LON:BT.A – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 194.75 ($2.68) and last traded at GBX 193.40 ($2.66), with a volume of 142615078 shares. The stock had previously closed at GBX 193.90 ($2.66).

BT Group Stock Down 0.5%

The company has a market capitalization of £19.12 billion, a PE ratio of 2,171.67, a price-to-earnings-growth ratio of 0.38 and a beta of 0.69. The firm’s 50-day simple moving average is GBX 176.39 and its 200 day simple moving average is GBX 160.48. The company has a debt-to-equity ratio of 187.58, a quick ratio of 0.83 and a current ratio of 0.89.

BT Group (LON:BT.A – Get Free Report) last issued its earnings results on Thursday, May 22nd. The communications services company reported GBX 18.80 ($0.26) earnings per share for the quarter. BT Group had a net margin of 4.11% and a return on equity of 6.33%. As a group, equities research analysts forecast that BT Group plc will post 19.1185956 earnings per share for the current year.

Insider Activity

In related news, insider Simon Lowth sold 134,546 shares of the business’s stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of GBX 190 ($2.61), for a total value of £255,637.40 ($351,295.04). 43.86% of the stock is owned by company insiders.

About BT Group

(Get Free Report)

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.

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