Imperial Brands (LON:IMB) Stock Crosses Below 50 Day Moving Average – Time to Sell?

Imperial Brands PLC (LON:IMB) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 2,733.44 ($35.29) and traded as low as GBX 2,708.49 ($34.97). Imperial Brands shares last traded at GBX 2,734 ($35.30), with a volume of 5,720,655 shares.

Imperial Brands Trading Up 0.5 %

The company has a market cap of £22.95 billion, a price-to-earnings ratio of 11.58, a price-to-earnings-growth ratio of 16.51 and a beta of 0.42. The company’s fifty day moving average price is GBX 2,733.44 and its two-hundred day moving average price is GBX 2,494.16. The company has a quick ratio of 0.41, a current ratio of 0.72 and a debt-to-equity ratio of 166.91.

Imperial Brands Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, February 20th will be issued a dividend of GBX 54.26 ($0.70) per share. This is a positive change from Imperial Brands’s previous dividend of $22.45. The ex-dividend date of this dividend is Thursday, February 20th. This represents a dividend yield of 2.43%. Imperial Brands’s dividend payout ratio (DPR) is presently 64.80%.

Insider Activity

In related news, insider Jon Stanton purchased 398,802 shares of the firm’s stock in a transaction dated Monday, January 6th. The shares were acquired at an average cost of GBX 2,597 ($33.53) per share, with a total value of £10,356,887.94 ($13,372,353.70). Also, insider Stefan Bomhard sold 112,183 shares of the stock in a transaction that occurred on Monday, February 17th. The shares were sold at an average price of GBX 2,788 ($36.00), for a total transaction of £3,127,662.04 ($4,038,298.31). 7.33% of the stock is owned by insiders.

About Imperial Brands

We are Imperial Brands, a global consumer-focused organisation and the fourth largest international tobacco company.

We’re driven by our purpose: to forge a path to a healthier future for moments of relaxation and pleasure. The world’s one billion adult smokers are seeking new and potentially less harmful products and we are committed to meeting their diverse and evolving needs.