British American Tobacco (LON:BATS) Reaches New 12-Month High – Still a Buy?

British American Tobacco p.l.c. (LON:BATS) shares hit a new 52-week high on Tuesday . The company traded as high as GBX 2,995 ($37.97) and last traded at GBX 2,994 ($37.96), with a volume of 23567662 shares traded. The stock had previously closed at GBX 2,971 ($37.66).

British American Tobacco Price Performance

The company has a 50-day moving average of GBX 2,765.02 and a 200-day moving average of GBX 2,650.83. The stock has a market capitalization of £65.92 billion, a price-to-earnings ratio of -479.26, a P/E/G 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.

British American Tobacco Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, February 3rd. Stockholders of record on Thursday, December 19th will be given a GBX 58.88 ($0.75) dividend. This is an increase from British American Tobacco’s previous dividend of $57.72. This represents a dividend yield of 2.54%. The ex-dividend date of this dividend is Thursday, December 19th. British American Tobacco’s dividend payout ratio is currently -3,794.21%.

Insider Activity at British American Tobacco

In other British American Tobacco news, insider Tadeu Marroco purchased 48 shares of the business’s stock in a transaction on Friday, November 1st. The stock was bought at an average cost of GBX 2,716 ($34.43) per share, for a total transaction of £1,303.68 ($1,652.74). Insiders have purchased a total of 63 shares of company stock valued at $172,478 over the last quarter. Insiders own 10.55% of the company’s stock.

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.