British American Tobacco (LON:BATS) Sets New 52-Week Low – Here’s What Happened

British American Tobacco p.l.c. (LON:BATS)’s share price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 28.93 ($0.36) and last traded at GBX 2,874 ($36.12), with a volume of 5242922 shares changing hands. The stock had previously closed at GBX 2,950 ($37.07).

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 2,800 ($35.19) price target on shares of British American Tobacco in a research note on Thursday, December 12th.

British American Tobacco Stock Down 0.5 %

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 capitalization of £63.63 billion, a price-to-earnings ratio of -462.86, a price-to-earnings-growth ratio of 3.12 and a beta of 0.27. The firm has a 50 day moving average price of GBX 2,821.17 and a two-hundred day moving average price of GBX 2,706.76.

British American Tobacco Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, February 3rd. Shareholders of record on Thursday, December 19th will be given a dividend of GBX 58.88 ($0.74) per share. This represents a yield of 2.54%. 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. British American Tobacco’s payout ratio is -3,794.21%.

Insider Transactions at British American Tobacco

In related news, insider Tadeu Marroco bought 48 shares of the firm’s stock in a transaction dated Friday, November 1st. The stock was bought at an average price of GBX 2,716 ($34.13) per share, with a total value of £1,303.68 ($1,638.41). Insiders acquired 63 shares of company stock valued at $172,798 over the last 90 days. Corporate insiders own 10.55% of the company’s stock.

British American Tobacco Company Profile

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.