British American Tobacco p.l.c. (LON:BATS - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 3,197.99 ($43.13) and traded as high as GBX 3,659.02 ($49.35). British American Tobacco shares last traded at GBX 3,616.50 ($48.77), with a volume of 6,830,493 shares.
Analysts Set New Price Targets
Separately, Citigroup raised their target price on British American Tobacco from GBX 3,600 ($48.55) to GBX 3,900 ($52.60) and gave the stock a "buy" rating in a report on Thursday.
Check Out Our Latest Research Report on BATS
British American Tobacco Stock Performance
The firm has a market cap of £82.76 billion, a PE ratio of -6.07, a P/E/G ratio of 3.12 and a beta of 0.27. The firm has a 50-day moving average price of GBX 3,418.66 and a two-hundred day moving average price of GBX 3,212.09. The company has a quick ratio of 0.47, a current ratio of 0.88 and a debt-to-equity ratio of 74.63.
Insider Buying and Selling at British American Tobacco
In other news, insider Tadeu Marroco bought 601 shares of the firm's stock in a transaction dated Friday, May 9th. The shares were acquired at an average price of GBX 3,296 ($44.45) per share, for a total transaction of £19,808.96 ($26,714.71). Insiders purchased a total of 829 shares of company stock valued at $2,751,446 in the last quarter. Company insiders own 10.55% of the company's stock.
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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