British American Tobacco Plc ADR (NYSE: BTI): Stock No Longer In Incline?

The trading price of British American Tobacco Plc ADR (NYSE:BTI) floating higher at last check on current market day and closing at $36.95, 0.52% higher than its previous close.

Traders who pay close attention to intraday price movement should know that it has been fluctuating between $36.88 and $36.99. In examining the 52-week price action we see that the stock hit a 52-week high of $36.82 and a 52-week low of $28.25. Over the past month, the stock has gained 4.03% in value.

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British American Tobacco Plc ADR, whose market valuation is $81.69 billion at the time of this writing, is expected to release its quarterly earnings report in September. The dividend yield on the company stock is 7.94%, while its Forward Dividend ratio is 2.93. Investors’ optimism about the company’s current quarter earnings report is understandable.

On the technical side, indicators suggest BTI has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.

Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned BTI a recommendation rating is 2. Out of them, 0 rate it a Hold, while 1 recommend Buy, whereas 1 assign an Overweight rating. 0 analyst(s) have tagged British American Tobacco Plc ADR (BTI) as Underweight, while 0 advise Sell. Analysts have rated the stock Strong Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.

A quick review shows that BTI’s price is currently 2.70% off the SMA20 and 9.40% off the SMA50. The RSI metric on the 14-day chart is currently showing 74.00, and weekly volatility stands at 0.73%. When measured over the past 30 days, the indicator reaches 1.24%. British American Tobacco Plc ADR (NYSE:BTI)’s beta value is currently sitting at 0.52, while the Average True Range indicator is currently displaying 0.44.

To see how British American Tobacco Plc ADR stock has been performing today in comparison to its peers in the industry, here are the numbers: BTI stock’s performance was 0.52% at last check in today’s session, and 13.17% in the past year.

An evaluation of the daily trading volume of British American Tobacco Plc ADR (NYSE:BTI) indicates that the 3-month average is 4.97 million. However, this figure has increased over the past 10 days to an average of 3.14.

Currently, records show that 2.23 billion of the company’s shares remain outstanding. The insiders hold 0.00% of outstanding shares, whereas institutions hold 7.27%. The stats also highlight that short interest as of 2024-07-31, stood at 3.75 million shares, resulting in a short ratio of 1.28 at that time. It is noteworthy that short shares in July were down slightly from the previous month’s figure, which was 10.4 million. However, since the stock’s price has seen 26.15% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.

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