Imperial Brands (LON:IMB) Stock Price Crosses Above 50 Day Moving Average – What’s Next?

Imperial Brands PLC (LON:IMB) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 2,526.33 ($30.91) and traded as high as GBX 2,597 ($31.78). Imperial Brands shares last traded at GBX 2,597 ($31.78), with a volume of 1,182,575 shares changing hands.

Imperial Brands Trading Down 0.2 %

The stock has a market capitalization of £21.87 billion, a PE ratio of 1,127.39, a P/E/G ratio of 16.51 and a beta of 0.42. The company’s 50 day moving average price is GBX 2,526.33 and its two-hundred day moving average price is GBX 2,284.63. The company has a debt-to-equity ratio of 217.64, a current ratio of 0.64 and a quick ratio of 0.41.

Imperial Brands Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, February 20th will be paid a GBX 54.26 ($0.66) dividend. This represents a yield of 2.43%. This is a positive change from Imperial Brands’s previous dividend of $22.45. The ex-dividend date is Thursday, February 20th. Imperial Brands’s dividend payout ratio (DPR) is 6,652.17%.

Insider Transactions at Imperial Brands

In other news, insider Jon Stanton acquired 398,802 shares of the company’s stock in a transaction that occurred on Monday, January 6th. The stock was purchased at an average price of GBX 2,597 ($31.78) per share, with a total value of £10,356,887.94 ($12,672,076.28). Also, insider Lukas Paravicini sold 6,639 shares of Imperial Brands stock in a transaction dated Monday, December 16th. The stock was sold at an average price of GBX 2,615 ($32.00), for a total transaction of £173,609.85 ($212,418.76). Insiders own 7.33% of the company’s stock.

Imperial Brands Company Profile

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.