British American Tobacco (LON:BATS) Stock Price Down 8.8% – Should You Sell?

British American Tobacco p.l.c. (LON:BATS)’s stock price was down 8.8% during mid-day trading on Friday . The stock traded as low as GBX 3,058 ($38.43) and last traded at GBX 3,095 ($38.90). 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 ($42.65).

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 2,800 ($35.19) price objective on shares of British American Tobacco in a research report on Thursday, December 12th.

British American Tobacco Trading Down 0.0 %

The firm has a market cap of £68.07 billion, a PE ratio of -4.99, a PEG ratio of 3.12 and a beta of 0.27. The business has a 50-day moving average price of GBX 3,020.61 and a two-hundred day moving average price of GBX 2,866.23. The company has a debt-to-equity ratio of 74.63, a current ratio of 0.88 and a quick ratio of 0.47.

British American Tobacco (LON:BATS) last announced its quarterly 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 return on equity of 25.94% and a negative net margin of 52.84%. Analysts forecast that British American Tobacco p.l.c. will post 361.5079365 EPS for the current year.

British American Tobacco Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, February 3rd. Investors of record on Thursday, December 19th were paid a dividend of GBX 58.88 ($0.74) per share. The ex-dividend date of this dividend was Thursday, December 19th. This represents a dividend yield of 2.54%. This is a positive change from British American Tobacco’s previous dividend of $57.72. British American Tobacco’s dividend payout ratio (DPR) is presently -38.08%.

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.