British American Tobacco (NYSE:BTI) Reaches New 52-Week Low at $28.25

British American Tobacco p.l.c. (NYSE:BTI - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $28.25 and last traded at $28.33, with a volume of 757151 shares changing hands. The stock had previously closed at $28.51.

British American Tobacco Price Performance

The company's 50-day simple moving average is $30.07 and its 200-day simple moving average is $30.20. The company has a current ratio of 0.91, a quick ratio of 0.59 and a debt-to-equity ratio of 0.67.

British American Tobacco Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 6th. Shareholders of record on Friday, December 20th will be given a dividend of $0.7431 per share. The ex-dividend date is Friday, December 20th. This represents a $2.97 annualized dividend and a yield of 10.47%.

Institutional Investors Weigh In On British American Tobacco

Several hedge funds have recently bought and sold shares of the stock. Sanctuary Wealth Management L.L.C. bought a new position in shares of British American Tobacco during the fourth quarter worth approximately $27,000. Almanack Investment Partners LLC. bought a new position in shares of British American Tobacco during the third quarter worth approximately $25,000. CENTRAL TRUST Co increased its holdings in shares of British American Tobacco by 170.8% during the third quarter. CENTRAL TRUST Co now owns 864 shares of the company's stock worth $31,000 after purchasing an additional 545 shares during the period. Heritage Wealth Advisors bought a new position in shares of British American Tobacco during the fourth quarter worth approximately $26,000. Finally, Parkside Financial Bank & Trust increased its holdings in shares of British American Tobacco by 308.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 940 shares of the company's stock worth $28,000 after purchasing an additional 710 shares during the period. 21.44% of the stock is currently owned by institutional investors and hedge funds.

About British American Tobacco

British American Tobacco p.l.c. engages in the provision of tobacco and nicotine products to consumers worldwide. It also offers vapour, heated, and modern oral nicotine products; combustible cigarettes; and traditional oral products, such as snus and moist snuff. The company offers its products under the Vuse, glo, Velo, Grizzly, Kodiak, Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Camel, Natural American Spirit, Newport, Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, State Express 555 and Shuang Xi brands.