British American Tobacco (LON:BATS) Trading Down 8.8% – Should You Sell?

British American Tobacco p.l.c. (LON:BATSGet Free Report) shares dropped 8.8% during trading on Thursday . The company traded as low as GBX 3,092 ($38.92) and last traded at GBX 3,097 ($38.98). Approximately 39,653,848 shares were traded during trading, an increase of 29% from the average daily volume of 30,714,018 shares. The stock had previously closed at GBX 3,394 ($42.72).

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 2,800 ($35.24) price objective on shares of British American Tobacco in a report on Thursday, December 12th.

Check Out Our Latest Stock Report on BATS

British American Tobacco Trading Down 0.2 %

The company has a market capitalization of £67.98 billion, a P/E ratio of -4.99, a price-to-earnings-growth ratio of 3.12 and a beta of 0.27. The company has a debt-to-equity ratio of 74.63, a current ratio of 0.88 and a quick ratio of 0.47. The firm has a fifty day moving average price of GBX 3,023.89 and a 200-day moving average price of GBX 2,869.91.

British American Tobacco (LON:BATSGet Free Report) last released its earnings results on Thursday, February 13th. The company reported GBX 364.30 ($4.59) earnings per share (EPS) for the quarter. British American Tobacco had a negative return on equity of 25.94% and a negative net margin of 52.84%. On average, equities research analysts anticipate that British American Tobacco p.l.c. will post 361.5079365 earnings per share for the current year.

British American Tobacco Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, February 3rd. Stockholders of record on Thursday, December 19th were issued a GBX 58.88 ($0.74) dividend. The ex-dividend date of this dividend was 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 dividend payout ratio is currently -38.08%.

About British American Tobacco

(Get Free Report)

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.

Further Reading

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