British American Tobacco (LON:BATS) Sets New 12-Month Low - Here's What Happened

Shares of British American Tobacco p.l.c. (LON:BATS - Get Free Report) reached a new 52-week low on Thursday . The stock traded as low as GBX 28.93 ($0.36) and last traded at GBX 2,874 ($35.92), with a volume of 5242922 shares. The stock had previously closed at GBX 2,950 ($36.87).

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. reiterated a "neutral" rating and issued a GBX 2,800 ($35.00) price target on shares of British American Tobacco in a research note on Thursday, December 12th.

British American Tobacco Stock Performance

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 business has a 50 day moving average price of GBX 2,817.29 and a 200 day moving average price of GBX 2,705.56. The stock has a market cap of £63.52 billion, a P/E ratio of -462.06, a PEG ratio of 3.12 and a beta of 0.27.

British American Tobacco Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, February 3rd. Investors of record on Thursday, December 19th will be paid a GBX 58.88 ($0.74) dividend. This represents a yield of 2.54%. The ex-dividend date is Thursday, December 19th. This is an increase from British American Tobacco's previous dividend of $57.72. British American Tobacco's dividend payout ratio (DPR) is currently -3,794.21%.

Insiders Place Their Bets

In other news, insider Tadeu Marroco acquired 48 shares of the firm's stock in a transaction that occurred on Friday, November 1st. The stock was purchased at an average cost of GBX 2,716 ($33.95) per share, for a total transaction of £1,303.68 ($1,629.40). Insiders have purchased 63 shares of company stock worth $172,798 in the last three months. 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.