British American Tobacco (LON:BATS) Hits New 12-Month High – Should You Buy?

British American Tobacco p.l.c. (LON:BATS) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 3,536 ($47.93) and last traded at GBX 3,528 ($47.82), with a volume of 3792621 shares trading hands. The stock had previously closed at GBX 3,519.38 ($47.71).

British American Tobacco Stock Performance

The business’s fifty day moving average price is GBX 3,238.32 and its 200-day moving average price is GBX 3,116.80. The company has a debt-to-equity ratio of 74.63, a quick ratio of 0.47 and a current ratio of 0.88. The stock has a market cap of £78.76 billion, a PE ratio of -5.78, a P/E/G ratio of 3.12 and a beta of 0.27.

Insider Buying and Selling

In related news, insider Tadeu Marroco sold 31,544 shares of the firm’s stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of GBX 3,182 ($43.13), for a total value of £1,003,730.08 ($1,360,620.96). Also, insider Serpil Timuray acquired 3,275 shares of the company’s stock in a transaction that occurred on Friday, April 4th. The stock was acquired at an average cost of GBX 3,200 ($43.38) per share, for a total transaction of £104,800 ($142,063.17). Over the last quarter, insiders have acquired 4,096 shares of company stock valued at $13,204,030. 10.55% of the stock is owned by insiders.

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.