British American Tobacco (LON:BATS) Shares Cross Above 200-Day Moving Average – Time to Sell?

British American Tobacco p.l.c. (LON:BATS) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 4,334.70 and traded as high as GBX 4,958. British American Tobacco shares last traded at GBX 4,892, with a volume of 2,147,000,000 shares trading hands.

Analyst Ratings Changes

Separately, Jefferies Financial Group reissued a “buy” rating and set a GBX 5,200 target price on shares of British American Tobacco in a research note on Thursday, April 16th. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of GBX 4,500.

British American Tobacco Trading Down 0.3%

The stock’s 50 day moving average is GBX 4,425.05 and its two-hundred day moving average is GBX 4,345.33. The company has a market capitalization of £105.49 billion, a PE ratio of 13.96, a price-to-earnings-growth ratio of 3.12 and a beta of 0.12. The company has a quick ratio of 0.47, a current ratio of 0.87 and a debt-to-equity ratio of 74.60.

Insiders Place Their Bets

In other British American Tobacco news, insider Tadeu Marroco acquired 6,036 shares of the stock in a transaction that occurred on Friday, May 8th. The stock was bought at an average cost of GBX 4,426 per share, with a total value of £267,153.36. Insiders have bought 6,450 shares of company stock valued at $28,491,382 over the last ninety days. 0.12% of the stock is owned by corporate insiders.

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. Our corporate purpose is to build A Better Tomorrow™, reducing the health impact of our business, by offering adult consumers a greater choice of enjoyable and less risky*† products compared to cigarettes.