|Bid||283.50 x 11700|
|Ask||308.80 x 349100|
|Day's Range||286.30 - 291.10|
|52 Week Range||277.44 - 419.40|
|PE Ratio (TTM)||9.74|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
BT Group shares are likely to be active at the start of trading Tuesday after France's Orange dumped around half of its stake in the U.K. telecom.
French telecoms company Orange plans to reduce its stake in British rival BT Group from 4 percent to as little as 1.33 percent, it said on Monday. Shares in BT, Britain's biggest telecoms operator, have underperformed those of its European peers of late, falling by about 21 percent since the start of the year after an accounting scandal in Italy forced the group to cut forecasts for the next two years. Orange said in a statement that it plans to initially lower its BT stake to 2.66 percent by selling about 133 million shares via a private placement.
BT Group PLC (BT), Mallinckrodt PLC (MNK), Rite Aid Corp (RAD), and Frontier Communications Corp (FTR) have declined to their respective three-year lows.