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

British American Tobacco p.l.c. (LON:BATS) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 2,995 ($37.97) and last traded at GBX 2,994 ($37.96), with a volume of 23567662 shares changing hands. The stock had previously closed at GBX 2,971 ($37.66).

British American Tobacco Stock Down 0.9 %

The company has a quick ratio of 0.47, a current ratio of 0.88 and a debt-to-equity ratio of 74.14. The stock has a market capitalization of £65.92 billion, a PE ratio of -479.26, a PEG ratio of 3.12 and a beta of 0.27. The firm’s fifty day moving average is GBX 2,765.02 and its 200-day moving average is GBX 2,650.83.

British American Tobacco Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, February 3rd. Investors of record on Thursday, December 19th will be issued a dividend of GBX 58.88 ($0.75) per share. This represents a yield of 2.54%. The ex-dividend date is Thursday, December 19th. This is a positive change from British American Tobacco’s previous dividend of $57.72. British American Tobacco’s dividend payout ratio is currently -3,794.21%.

Insiders Place Their Bets

In other news, insider Tadeu Marroco purchased 48 shares of the stock in a transaction that occurred on Friday, November 1st. The shares were acquired at an average price of GBX 2,716 ($34.43) per share, for a total transaction of £1,303.68 ($1,652.74). Over the last quarter, insiders acquired 63 shares of company stock worth $172,478. 10.55% of the stock is owned by corporate insiders.

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.