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

British American Tobacco p.l.c. (LON:BATS)’s share price passed 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 trading hands.

British American Tobacco Price Performance

The firm has a market cap of £63.36 billion, a price-to-earnings ratio of -460.93, a P/E/G ratio of 3.12 and a beta of 0.27. 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 stock’s fifty day moving average price is GBX 2,764.40 and its 200-day moving average price is GBX 2,618.02.

British American Tobacco Increases Dividend

The firm also recently announced 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 boost from British American Tobacco’s previous dividend of $57.72. The ex-dividend date of this dividend is Thursday, December 19th. This represents a yield of 2.54%. British American Tobacco’s dividend payout ratio (DPR) is -3,794.21%.

Insider Activity

In related news, insider Tadeu Marroco acquired 48 shares of the stock in a transaction that occurred on Friday, November 1st. The stock was purchased at an average price of GBX 2,716 ($34.23) per share, with a total value of £1,303.68 ($1,642.95). Insiders have acquired a total of 63 shares of company stock valued at $172,478 in the last quarter. Insiders own 10.55% of the company’s stock.

About British American Tobacco

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.