British American Tobacco (LON:BATS) Stock Price 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 Wednesday . The stock has a 200-day moving average of GBX 3,197.99 ($43.14) and traded as high as GBX 3,659.02 ($49.36). British American Tobacco shares last traded at GBX 3,616.50 ($48.79), with a volume of 6,830,493 shares traded.

Analysts Set New Price Targets

Separately, Citigroup upped their price target on British American Tobacco from GBX 3,600 ($48.56) to GBX 3,900 ($52.61) and gave the stock a "buy" rating in a report on Thursday.

British American Tobacco Trading Up 1.5%

The company has a market capitalization of £82.76 billion, a price-to-earnings ratio of -6.07, a price-to-earnings-growth ratio of 3.12 and a beta of 0.27. The business has a fifty day moving average price of GBX 3,418.66 and a 200 day moving average price of GBX 3,212.09. The company has a debt-to-equity ratio of 74.63, a current ratio of 0.88 and a quick ratio of 0.47.

Insider Activity at British American Tobacco

In other news, insider Tadeu Marroco bought 601 shares of the business's stock in a transaction that occurred on Friday, May 9th. The stock was acquired at an average cost of GBX 3,296 ($44.46) per share, for a total transaction of £19,808.96 ($26,721.92). Insiders acquired 829 shares of company stock valued at $2,751,446 in the last three months. Corporate insiders own 10.55% of the company's stock.

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.