British American Tobacco (LON:BATS) Reaches New 12-Month Low – Time to Sell?

British American Tobacco p.l.c. (LON:BATS) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 30.79 ($0.39) and last traded at GBX 3,054 ($38.53), with a volume of 23765799 shares trading hands. The stock had previously closed at GBX 3,090 ($38.98).

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 2,800 ($35.32) price target on shares of British American Tobacco in a research report on Thursday, December 12th.

British American Tobacco Price Performance

The company has a quick ratio of 0.47, a current ratio of 0.88 and a debt-to-equity ratio of 74.63. The firm’s 50-day moving average is GBX 3,028.25 and its 200-day moving average is GBX 2,879.56. The company has a market cap of £66.31 billion, a PE ratio of -4.86, a PEG ratio of 3.12 and a beta of 0.27.

British American Tobacco (LON:BATS) last announced its quarterly earnings results on Thursday, February 13th. The company reported GBX 364.30 ($4.60) earnings per share (EPS) for the quarter. British American Tobacco had a negative net margin of 52.84% and a negative return on equity of 25.94%. On average, equities analysts anticipate that British American Tobacco p.l.c. will post 361.5079365 EPS for the current year.

British American Tobacco Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, February 3rd. Shareholders of record on Thursday, December 19th were issued a GBX 58.88 ($0.74) dividend. This represents a yield of 2.54%. The ex-dividend date was Thursday, December 19th. This is a boost from British American Tobacco’s previous dividend of $57.72. British American Tobacco’s dividend payout ratio is -38.08%.

About British American Tobacco

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.