British American Tobacco (LON:BATS) Stock Crosses Above Two Hundred Day Moving Average – Here’s Why

British American Tobacco p.l.c. (LON:BATS)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 2,964.29 ($39.09) and traded as high as GBX 3,176 ($41.88). British American Tobacco shares last traded at GBX 3,152.10 ($41.56), with a volume of 4,119,824 shares traded.

British American Tobacco Trading Up 0.3 %

The company has a debt-to-equity ratio of 74.63, a quick ratio of 0.47 and a current ratio of 0.88. The firm has a market capitalization of £69.35 billion, a price-to-earnings ratio of -5.09, a P/E/G ratio of 3.12 and a beta of 0.27. The business has a fifty day moving average price of GBX 3,138.17 and a 200 day moving average price of GBX 2,964.29.

British American Tobacco (LON:BATS) last announced its quarterly earnings results on Thursday, February 13th. The company reported GBX 364.30 ($4.80) EPS for the quarter. British American Tobacco had a negative return on equity of 25.94% and a negative net margin of 52.84%. As a group, equities analysts forecast that British American Tobacco p.l.c. will post 361.5079365 earnings per share for the current year.

British American Tobacco Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, November 7th. Shareholders of record on Thursday, October 2nd will be given a GBX 60.06 ($0.79) dividend. This is an increase from British American Tobacco’s previous dividend of $58.88. The ex-dividend date is Thursday, October 2nd. This represents a yield of 1.9%. British American Tobacco’s dividend payout ratio (DPR) is -38.08%.

Insider Activity

In other news, insider Tadeu Marroco sold 9,555 shares of the stock in a transaction that occurred on Wednesday, March 26th. The stock was sold at an average price of GBX 3,136 ($41.35), for a total transaction of £299,644.80 ($395,101.27). Also, insider Serpil Timuray purchased 3,275 shares of the firm’s stock in a transaction dated Friday, April 4th. The shares were bought at an average cost of GBX 3,200 ($42.19) per share, with a total value of £104,800 ($138,185.65). Insiders acquired 3,285 shares of company stock worth $10,511,575 over the last ninety days. Corporate insiders own 10.55% of the company’s stock.

British American Tobacco Company Profile

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.