British American Tobacco Plc ADR (NYSE:BTI) price on Friday, May 10, rose 0.66% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $30.56.
A look at the stock’s price movement, the level at last check in today’s session was $30.36. Turning to its 52-week performance, $35.38 and $28.25 were the 52-week high and 52-week low respectively. Overall, BTI moved 5.02% over the past month.
British American Tobacco Plc ADR’s market cap currently stands at around $67.96 billion. The company has a Forward Dividend ratio of 2.91, with its dividend yield at 9.54%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 34.1B for the company’s revenue for the quarter, with a low and high estimate of 33.29B and 34.82B respectively. The average forecast suggests up to a 0.50% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 34.1B, representing a 0.50% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that BTI is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in Hold category.
BTI’s current price about 4.03% and 2.64% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 67.29, while 7-day volatility ratio is 0.90% and 1.21% in the 30-day chart. Further, British American Tobacco Plc ADR (BTI) has a beta value of 0.51, and an average true range (ATR) of 0.37.
If we refocus on British American Tobacco Plc ADR (NYSE:BTI), historical trading data shows that trading volumes averaged 4.91 million over the past 3 months. The company’s latest data on shares outstanding shows there are 2.23 billion shares.
The 0.00% of British American Tobacco Plc ADR’s shares are in the hands of company insiders while institutional holders own 6.18% of the company’s shares. Current price change has pushed the stock 4.34% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the BTI stock continues to rise going into the next quarter.
