British American Tobacco (LON:BATS) Stock Passes Above 200 Day Moving Average - Time to Sell?

British American Tobacco p.l.c. (LON:BATS - Get Free Report)'s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 2,781.53 ($34.29) and traded as high as GBX 2,969 ($36.60). British American Tobacco shares last traded at GBX 2,953 ($36.41), with a volume of 3,034,616 shares trading hands.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. reissued a "neutral" rating and issued a GBX 2,800 ($34.52) price objective on shares of British American Tobacco in a research note on Thursday, December 12th.

British American Tobacco Price Performance

The stock has a market cap of £65.39 billion, a PE ratio of -475.72, a PEG ratio of 3.12 and a beta of 0.27. The company has a debt-to-equity ratio of 74.14, a quick ratio of 0.47 and a current ratio of 0.88. The stock's 50-day moving average is GBX 2,924.31 and its two-hundred day moving average is GBX 2,784.60.

British American Tobacco Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, February 3rd. Investors of record on Thursday, December 19th will be paid a dividend of GBX 58.88 ($0.73) per share. This is a positive change from British American Tobacco's previous dividend of $57.72. The ex-dividend date of this dividend is Thursday, December 19th. This represents a yield of 2.54%. British American Tobacco's dividend payout ratio is presently -3,794.21%.

Insider Buying and Selling at British American Tobacco

In other British American Tobacco news, insider Tadeu Marroco purchased 48 shares of the business's stock in a transaction on Friday, November 1st. The shares were bought at an average cost of GBX 2,716 ($33.49) per share, for a total transaction of £1,303.68 ($1,607.30). Insiders bought a total of 63 shares of company stock valued at $173,913 in the last three months. 10.55% of the stock is owned by corporate insiders.

British American Tobacco Company Profile

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.