British American Tobacco (LON:BATS) Stock Price Passes Above 200-Day Moving Average – Time to Sell?

British American Tobacco p.l.c. (LON:BATS) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 2,618.02 ($32.99) and traded as high as GBX 2,872 ($36.19). British American Tobacco shares last traded at GBX 2,867 ($36.13), with a volume of 4,239,522 shares changing hands.

British American Tobacco Trading Up 2.3 %

The firm has a market cap of £63.36 billion, a price-to-earnings ratio of -460.93, a price-to-earnings-growth ratio of 3.12 and a beta of 0.27. The company’s 50-day moving average price is GBX 2,764.40 and its 200-day moving average price is GBX 2,618.02. 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 company also recently disclosed a dividend, which will be paid on Monday, February 3rd. Shareholders of record on Thursday, December 19th will be paid a dividend of GBX 58.88 ($0.74) per share. This is a positive change from British American Tobacco’s previous dividend of $57.72. This represents a yield of 2.54%. The ex-dividend date of this dividend is Thursday, December 19th. British American Tobacco’s payout ratio is -3,794.21%.

Insider Activity

In other British American Tobacco news, insider Tadeu Marroco purchased 48 shares of the firm’s stock in a transaction dated Friday, November 1st. The shares were purchased at an average cost of GBX 2,716 ($34.23) per share, with a total value of £1,303.68 ($1,642.95). Insiders have bought a total of 63 shares of company stock worth $172,478 over the last quarter. 10.55% of the stock is currently owned by corporate insiders.

British American Tobacco Company Profile

British American Tobacco p.l.c. engages in the provision of tobacco and nicotine products to consumers worldwide. It also offers vapour, heated, and modern oral nicotine products; combustible cigarettes; and traditional oral products, such as snus and moist snuff. The company offers its products under the Vuse, glo, Velo, Grizzly, Kodiak, Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Camel, Natural American Spirit, Newport, Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, State Express 555 and Shuang Xi brands.