British American Tobacco (LON:BATS) Reaches New 1-Year High – Here’s What Happened

Posted by Latisha Jones on Jan 30th, 2025

British American Tobacco p.l.c. (LON:BATS – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 3,185 ($39.65) and last traded at GBX 3,171 ($39.48), with a volume of 7446890 shares trading hands. The stock had previously closed at GBX 3,173 ($39.50).

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 2,800 ($34.86) target price on shares of British American Tobacco in a research note on Thursday, December 12th.

Check Out Our Latest Stock Analysis on BATS

British American Tobacco Price Performance

The company has a market cap of £69.90 billion, a P/E ratio of -508.52, 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 company has a fifty day moving average price of GBX 2,950.38 and a two-hundred day moving average price of GBX 2,805.75.

British American Tobacco Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, February 3rd. Shareholders of record on Thursday, December 19th will be given 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 is Thursday, December 19th. This represents a dividend yield of 2.54%. British American Tobacco’s payout ratio is -3,794.21%.

Insider Activity

In other news, insider Tadeu Marroco bought 48 shares of the company’s stock in a transaction dated Friday, November 1st. The shares were bought at an average cost of GBX 2,716 ($33.81) per share, with a total value of £1,303.68 ($1,623.11). In the last 90 days, insiders purchased 63 shares of company stock valued at $173,913. 10.55% of the stock is owned by insiders.

British American Tobacco Company Profile

(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.