British American Tobacco (LON:BATS) Sets New 1-Year High – Here’s Why

British American Tobacco p.l.c. (LON:BATS)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 3,399 ($42.31) and last traded at GBX 3,390 ($42.20), with a volume of 3588352 shares traded. The stock had previously closed at GBX 3,348 ($41.67).

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 2,800 ($34.85) price target on shares of British American Tobacco in a research report on Thursday, December 12th.

British American Tobacco Stock Down 8.9 %

The stock’s fifty day moving average is GBX 3,011.65 and its two-hundred day moving average is GBX 2,860.41. The company has a current ratio of 0.88, a quick ratio of 0.47 and a debt-to-equity ratio of 74.14. The firm has a market cap of £68.33 billion, a P/E ratio of -497.11, a price-to-earnings-growth ratio of 3.12 and a beta of 0.27.

British American Tobacco Increases Dividend

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

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.