British American Tobacco (LON:BATS) Shares Down 7.6% - What's Next?

British American Tobacco p.l.c. (LON:BATS - Get Free Report) traded down 7.6% on Thursday . The stock traded as low as GBX 3,104 ($39.07) and last traded at GBX 3,137.04 ($39.48). 38,920,461 shares changed hands during mid-day trading, an increase of 27% from the average session volume of 30,690,359 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 research note on Thursday, December 12th.

British American Tobacco Price Performance

The company has a current ratio of 0.88, a quick ratio of 0.47 and a debt-to-equity ratio of 74.63. The firm has a market cap of £67.98 billion, a PE ratio of -4.99, a price-to-earnings-growth ratio of 3.12 and a beta of 0.27. The stock has a 50 day simple moving average of GBX 3,026.27 and a 200-day simple moving average of GBX 2,871.43.

British American Tobacco (LON:BATS - Get Free Report) last issued its quarterly 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%. Equities analysts anticipate that British American Tobacco p.l.c. will post 361.5079365 earnings per share for the current fiscal year.

British American Tobacco Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, February 3rd. Stockholders of record on Thursday, December 19th were given a dividend of GBX 58.88 ($0.74) per share. This is a positive change from British American Tobacco's previous dividend of $57.72. The ex-dividend date was Thursday, December 19th. This represents a dividend yield of 2.54%. British American Tobacco's dividend payout ratio (DPR) is presently -38.08%.

About British American Tobacco

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.