Shares of British American Tobacco p.l.c. (LON:BATS - Get Free Report) dropped 8.8% during trading on Thursday . The stock traded as low as GBX 3,058 ($38.47) and last traded at GBX 3,095 ($38.94). Approximately 7,627,224 shares changed hands during mid-day trading, a decline of 74% from the average daily volume of 29,680,900 shares. The stock had previously closed at GBX 3,394 ($42.70).
Analysts Set New Price Targets
Separately, JPMorgan Chase & Co. restated a "neutral" rating and issued a GBX 2,800 ($35.22) target price on shares of British American Tobacco in a research note on Thursday, December 12th.
Read Our Latest Research Report on BATS
British American Tobacco Price Performance
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 company's 50 day moving average is GBX 3,026.27 and its 200 day moving average is GBX 2,873.39. The stock has a market cap of £66.55 billion, a price-to-earnings ratio of -4.88, a PEG ratio of 3.12 and a beta of 0.27.
British American Tobacco (LON:BATS - Get Free Report) last posted its earnings results on Thursday, February 13th. The company reported GBX 364.30 ($4.58) earnings per share for the quarter. British American Tobacco had a negative net margin of 52.84% and a negative return on equity of 25.94%. Research analysts forecast 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 declared a dividend, which was paid on Monday, February 3rd. Stockholders of record on Thursday, December 19th were issued a dividend of GBX 58.88 ($0.74) per share. The ex-dividend date was Thursday, December 19th. This is an increase 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 -38.08%.
British American Tobacco Company Profile
(
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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.
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