British American Tobacco (LON:BATS) Shares Cross Above 200 Day Moving Average of $2,380.41

British American Tobacco p.l.c. (LON:BATS)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,380.41 ($29.90) and traded as high as GBX 2,425 ($30.46). British American Tobacco shares last traded at GBX 2,401 ($30.16), with a volume of 11,452,924 shares changing hands.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group reiterated a “buy” rating and set a GBX 3,300 ($41.46) price target on shares of British American Tobacco in a research note on Monday, April 22nd.

British American Tobacco Stock Up 0.8 %

The company has a market capitalization of £53.99 billion, a PE ratio of -371.10, a P/E/G ratio of 3.12 and a beta of 0.25. The company has a current ratio of 0.90, a quick ratio of 0.47 and a debt-to-equity ratio of 75.41. The firm has a 50 day simple moving average of GBX 2,347.24 and a two-hundred day simple moving average of GBX 2,380.41.

Insider Buying and Selling

In other news, insider Karen Guerra purchased 4,150 shares of the company’s stock in a transaction dated Wednesday, February 21st. The shares were acquired at an average cost of GBX 2,380 ($29.90) per share, for a total transaction of £98,770 ($124,082.91). Insiders purchased a total of 4,169 shares of company stock valued at $9,921,647 over the last three months. 10.46% of the stock is currently owned by company insiders.

British American Tobacco Company Profile

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.