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

British American Tobacco p.l.c. (LON:BATS) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 2,932.67 ($37.87) and traded as high as GBX 3,174 ($40.98). British American Tobacco shares last traded at GBX 3,162 ($40.83), with a volume of 8,375,710 shares changing hands.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 2,800 ($36.15) price objective on shares of British American Tobacco in a research note on Thursday, December 12th.

British American Tobacco Price Performance

The company has a debt-to-equity ratio of 74.63, a current ratio of 0.88 and a quick ratio of 0.47. The company has a 50 day moving average price of GBX 3,110.63 and a 200 day moving average price of GBX 2,932.67. The firm has a market cap of £69.57 billion, a PE ratio of -5.10, a PEG ratio of 3.12 and a beta of 0.27.

British American Tobacco (LON:BATS) last issued its earnings results on Thursday, February 13th. The company reported GBX 364.30 ($4.70) earnings per share for the quarter. British American Tobacco had a negative net margin of 52.84% and a negative return on equity of 25.94%. Sell-side analysts expect that British American Tobacco p.l.c. will post 361.5079365 EPS for the current fiscal year.

British American Tobacco Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, November 7th. Shareholders of record on Thursday, October 2nd will be issued a GBX 60.06 ($0.78) dividend. The ex-dividend date of this dividend is Thursday, October 2nd. This is an increase from British American Tobacco’s previous dividend of $58.88. This represents a yield of 1.9%. British American Tobacco’s payout ratio is -38.08%.

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.