British American Tobacco (LON:BATS) Stock Price Passes Above Two Hundred Day Moving Average – What’s Next?

British American Tobacco p.l.c. (LON:BATS)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,917.14 ($37.73) and traded as high as GBX 3,198 ($41.37). British American Tobacco shares last traded at GBX 3,183 ($41.17), with a volume of 67,334,695 shares trading hands.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 2,800 ($36.22) price target on shares of British American Tobacco in a research note on Thursday, December 12th.

British American Tobacco Stock Performance

The firm has a fifty day moving average of GBX 3,090.41 and a 200-day moving average of GBX 2,918.85. The stock has a market capitalization of £69.63 billion, a price-to-earnings ratio of -5.11, a PEG ratio of 3.12 and a beta of 0.27. The company has a quick ratio of 0.47, a current ratio of 0.88 and a debt-to-equity ratio of 74.63.

British American Tobacco (LON:BATS) last issued its quarterly earnings data on Thursday, February 13th. The company reported GBX 364.30 ($4.71) earnings per share (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, sell-side analysts anticipate that British American Tobacco p.l.c. will post 361.5079365 EPS for the current year.

British American Tobacco Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, February 3rd. Investors of record on Thursday, December 19th were issued a dividend of GBX 58.88 ($0.76) per share. The ex-dividend date was Thursday, December 19th. This is a boost from British American Tobacco’s previous dividend of $57.72. This represents a yield of 2.54%. British American Tobacco’s payout ratio is currently -38.08%.

About British American Tobacco

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.