British American Tobacco Plc ADR (BTI) At $36.39 Price Waits For Direction

British American Tobacco Plc ADR (NYSE:BTI) price on Friday, November 15, rose 2.54% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $36.39.

A look at the stock’s price movement, the close in the last trading session was $35.49, moving within a range at $35.7593 and $36.4289. The beta value (5-Year monthly) was 0.286. Turning to its 52-week performance, $39.54 and $28.25 were the 52-week high and 52-week low respectively. Overall, BTI moved 2.88% over the past month.

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British American Tobacco Plc ADR’s market cap currently stands at around $80.35 billion, with investors looking forward to this quarter’s earnings report slated for in December. The company has a Forward Dividend ratio of 2.98, with its dividend yield at 8.20%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.

Turning to the stock’s technical picture we see that short term indicators suggest on average that BTI is a Hold. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.

2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 1 recommend BTI as a Buy and 1 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Strong Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.

BTI’s current price about 3.76% and 0.64% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 62.95, while 7-day volatility ratio is 1.07% 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 0.48.

If we refocus on British American Tobacco Plc ADR (NYSE:BTI), historical trading data shows that trading volumes averaged 3.77 over the past 10 days and 4.38 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 8.40% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 6.44 million on 2024-10-31, giving us a short ratio of 1.41. The data shows that as of 2024-10-31 short interest in British American Tobacco Plc ADR (BTI) stood at 42.0 of shares outstanding, with shares short falling to 7.75 million registered in 2024-09-30. Current price change has pushed the stock 24.24% 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.

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