British American Tobacco Plc ADR (NYSE:BTI) shares, rose in value on Wednesday, January 22, with the stock price down by -0.44% to the previous day’s close as strong demand from buyers drove the stock to $36.57.
Actively observing the price movement in the last trading, the stock closed the session at $36.73, falling within a range of $36.34 and $36.705. The value of beta (5-year monthly) was 0.286. Referring to stock’s 52-week performance, its high was $39.54, and the low was $28.25. On the whole, BTI has fluctuated by -1.16% over the past month.
With the market capitalization of British American Tobacco Plc ADR currently standing at about $80.52 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 2.99, with its dividend yield at 8.19%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BTI’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of BTI currently trading nearly 0.73% and -0.38% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 51.52, while the 7-day volatility ratio is showing 1.35% which for the 30-day chart, stands at 1.32%. Furthermore, British American Tobacco Plc ADR (BTI)’s beta value is 0.54, and its average true range (ATR) is 0.52.
A comparison of British American Tobacco Plc ADR (BTI) with its peers suggests the former has fared considerably weaker in the market. BTI showed an intraday change of -0.44% in last session, and over the past year, it grew by 24.05%%.
Data on historical trading for British American Tobacco Plc ADR (NYSE:BTI) indicates that the trading volumes over the past 10 days have averaged 5.15 and over the past 3 months, they’ve averaged 4.03 million. According to company’s latest data on outstanding shares, there are 2.22 billion shares outstanding.
Nearly 0.00% of British American Tobacco Plc ADR’s shares belong to company insiders and institutional investors own 10.94% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 5.27 million shares as on 2024-12-31, resulting in a short ratio of 1.38. According to the data, the short interest in British American Tobacco Plc ADR (BTI) stood at 34.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 5.94 million. The stock has risen by 0.69% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BTI stock heading into the next quarter.
