British American Tobacco (LON:BATS) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

Posted by ABMN Staff on Jan 4th, 2025

Shares of British American Tobacco p.l.c. (LON:BATS – Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 2,738.81 ($34.02) and traded as high as GBX 2,981 ($37.03). British American Tobacco shares last traded at GBX 2,973 ($36.93), with a volume of 3,903,957 shares.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 2,800 ($34.78) target price on shares of British American Tobacco in a research note on Thursday, December 12th.

Check Out Our Latest Analysis on British American Tobacco

British American Tobacco Price Performance

The stock has a market capitalization of £65.70 billion, a P/E ratio of -477.97, a PEG ratio of 3.12 and a beta of 0.27. The company has a 50 day moving average of GBX 2,856.37 and a 200-day moving average of GBX 2,738.81. The company has a quick ratio of 0.47, a current ratio of 0.88 and a debt-to-equity ratio of 74.14.

British American Tobacco Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, February 3rd. Stockholders of record on Thursday, December 19th will be issued a GBX 58.88 ($0.73) dividend. The ex-dividend date is Thursday, December 19th. This is a positive change from British American Tobacco’s previous dividend of $57.72. This represents a dividend yield of 2.54%. British American Tobacco’s payout ratio is -3,794.21%.

Insider Buying and Selling

In other news, insider Tadeu Marroco purchased 48 shares of British American Tobacco stock in a transaction dated Friday, November 1st. The stock was bought at an average price of GBX 2,716 ($33.74) per share, with a total value of £1,303.68 ($1,619.48). Insiders have acquired a total of 58 shares of company stock worth $159,163 over the last quarter. 10.55% of the stock is owned by company insiders.

About British American Tobacco

(Get Free Report)

BAT was founded in 1902 and was first listed on the London Stock Exchange in 1912. A constituent of the FTSE 100 since its creation in 1984, we have evolved, becoming the only truly global company in our sector.

BAT is transforming and is well positioned with a global footprint and multi-category portfolio.