British American Tobacco (LON:BATS) Reaches New 52-Week High – What’s Next?

British American Tobacco p.l.c. (LON:BATS)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as GBX 3,536 ($47.92) and last traded at GBX 3,528 ($47.81), with a volume of 3792621 shares changing hands. The stock had previously closed at GBX 3,519.38 ($47.69).

British American Tobacco Trading Up 0.2%

The firm has a market cap of £77.77 billion, a P/E ratio of -5.70, a PEG ratio of 3.12 and a beta of 0.27. The firm’s fifty day moving average is GBX 3,222.29 and its two-hundred day moving average is GBX 3,108.23. The company has a quick ratio of 0.47, a current ratio of 0.88 and a debt-to-equity ratio of 74.63.

Insider Activity

In related news, insider Tadeu Marroco sold 9,555 shares of the business’s stock in a transaction dated Wednesday, March 26th. The shares were sold at an average price of GBX 3,136 ($42.50), for a total transaction of £299,644.80 ($406,077.79). Also, insider Serpil Timuray acquired 3,275 shares of the company’s stock in a transaction that occurred on Friday, April 4th. The shares were acquired at an average cost of GBX 3,200 ($43.37) per share, for a total transaction of £104,800 ($142,024.66). In the last 90 days, insiders have acquired 4,096 shares of company stock worth $13,204,030. 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.