British American Tobacco's Short-Term Profits Experience Significant Growth

BAT by 2FIRSTS.ai

Jan.12.2024

British American Tobacco's Short-Term Profits Experience Significant Growth

British American Tobacco reported a significant increase in short-term profits in December, with a total of 245,600 shares, up 390.2% from 50,100 shares on December 15th.

According to a report by Watchlistnews on December 31st, British American Tobacco p.l.c. saw a significant increase in short-term gains in the month of December. By the end of the year, the company's short-term investments totaled 245,600 shares, registering a growth rate of 390.2%, far surpassing the 50,100 shares recorded on December 15th.

BAT traded quietly on January 11, ending the day at $29.60 per share, down $1.01 from its previous closing price. Trading volume was low, with only 3,155 shares traded compared to the average volume of 20,863 shares. The stock has a 50-day moving average price of $30.38 and a 200-day moving average price of $31.70. Over the past 12 months, British American Tobacco's stock price has ranged from a low of $28.12 to a high of $39.64.

References:

[1] British American Tobacco p.l.c. (OTCMKTS:BTAFF) Short Interest Up 390.2% in December

Also Read:

[1] BAT to Launch New Glo Series Heating Device

[2] BAT Stock Drops 1.2% Ending Six-Day Rally

[3] ITMS Group: Former BAT Subsidiary Renamed in Russia

#Europe #Traditional tobacco #United Kingdom #Market

We welcome news tips, article submissions, interview requests, or comments on this piece.

Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn

Notice

1. This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.

2. The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.

3. This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.

4. Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.

Copyright

This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.

For copyright-related inquiries, please contact: info@2firsts.com

AI Assistance Disclaimer

This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.

We welcome any corrections or feedback. Please contact us at: info@2firsts.com

Israel Proposes E-Cigarette Tax Reform Expected to Raise 154 million USD Shekels Annually

Israel’s Finance Ministry has proposed a 2026 economic reform introducing new taxes and licensing for e-cigarettes. The plan would impose a NIS 1-per-ml tax on vape liquids and NIS 30 per device, abolish VAT exemptions in Eilat, and is expected to generate about NIS 500 million（154 million USD） annually.

Nov.10 by 2FIRSTS.ai

Russian lawmakers propose total ban on e-cigarette sales, in response to Putin's call for protection of youth health

Russian Duma members propose nationwide ban on e-cigarette sales in response to Putin's call for youth health protection.

Nov.28 by 2FIRSTS.ai

COP11 Concludes with Major Decisions on Global Tobacco Control

The Eleventh Session of the Conference of the Parties (COP11) to the WHO Framework Convention on Tobacco Control (FCTC) concluded in Geneva on November 22, with 160 Parties adopting major decisions on tobacco and nicotine regulation, environmental protection, sustainable financing, and tobacco industry liability. A landmark decision mandates a complete ban on the use and sale of tobacco and all novel nicotine products across all UN premises worldwide.

Nov.24 by 2FIRSTS.ai

Great Wall Cigar explores global industrial cooperation via embassy visits in Beijing

A delegation from the Great Wall Cigar Factory of China Tobacco Sichuan Industrial Co., Ltd. recently visited the embassies of Cuba, Morocco, and Indonesia in Beijing to explore opportunities for industrial cooperation and trade expansion.