British American Tobacco (LON:BATS) Hits New 1-Year High – Here’s What Happened

Shares of British American Tobacco p.l.c. (LON:BATS) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 2,995 ($37.62) and last traded at GBX 2,994 ($37.60), with a volume of 23567662 shares trading hands. The stock had previously closed at GBX 2,971 ($37.31).

British American Tobacco Trading Up 0.6 %

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 company has a market capitalization of £66.04 billion, a price-to-earnings ratio of -477.65, a P/E/G ratio of 3.12 and a beta of 0.27. The company has a 50-day moving average price of GBX 2,764.22 and a 200-day moving average price of GBX 2,646.09.

British American Tobacco Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, February 3rd. Stockholders of record on Thursday, December 19th will be issued a dividend of GBX 58.88 ($0.74) per share. The ex-dividend date of this dividend is Thursday, December 19th. This is a positive change from British American Tobacco’s previous dividend of $57.72. This represents a dividend yield of 2.54%. British American Tobacco’s payout ratio is -3,794.21%.

Insider Transactions at British American Tobacco

In other news, insider Tadeu Marroco bought 48 shares of British American Tobacco stock in a transaction that occurred on Friday, November 1st. The stock was purchased at an average cost of GBX 2,716 ($34.11) per share, with a total value of £1,303.68 ($1,637.38). Over the last quarter, insiders have purchased 63 shares of company stock worth $172,478. 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.