BTI Stock Summary and Trading Ideas (British American Tobacco Industries P.L.C. Common ADR | NYSE:BTI)

Following the acquisition of Reynolds American, British American Tobacco is neck-and-neck with Philip Morris International to be the largest listed global tobacco company--slightly larger than PMI on net revenue, but slightly smaller on total tobacco volume. British American's Global Drive Brands are Dunhill, Kent, Pall Mall, Lucky Strike, and Rothmans, and it also owns Newport and Camel in the US. The firm also sells vapor e-cigarettes, primarily its Vuse brand, heated tobacco, with Glo, as well Velo modern oral tobacco products. The company holds 29% of ITC Limited, the leading Indian cigarette-maker.

British American Tobacco Industries P.L.C. Common ADR trades on the NYSE stock market under the symbol BTI.

As of April 18, 2024, BTI stock price climbed to $28.82 with 3,515,149 million shares trading.

BTI has a beta of 0.70, meaning it tends to be less sensitive to market movements. BTI has a correlation of 0.17 to the broad based SPY ETF.

BTI has a market cap of $64.37 billion. This is considered a Large Cap stock.

In the last 3 years, BTI stock traded as high as $47.24 and as low as $28.25.

The top ETF exchange traded funds that BTI belongs to (by Net Assets): PID, GCOW, ICOW, FENI, DFIC.

BTI has underperformed the market in the last year with a price return of -12.6% while the SPY ETF gained +22.3%. BTI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning 0.0% and -4.3%, respectively, while the SPY returned +6.1% and -3.8%, respectively.

BTI support price is $28.30 and resistance is $28.88 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BTI stock will trade within this expected range on the day.