Imperial Brands (LON:IMB) Stock Passes Above 200 Day Moving Average – Here’s Why

Imperial Brands PLC (LON:IMB) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,243.80 ($27.87) and traded as high as GBX 2,586 ($32.12). Imperial Brands shares last traded at GBX 2,572 ($31.95), with a volume of 2,727,641 shares traded.

Imperial Brands Stock Up 0.7 %

The stock has a market capitalization of £21.97 billion, a P/E ratio of 1,132.17, a PEG ratio of 16.51 and a beta of 0.42. The stock’s fifty day moving average is GBX 2,477.17 and its two-hundred day moving average is GBX 2,248.36. 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 company also recently disclosed a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, February 20th will be paid a dividend of GBX 54.26 ($0.67) per share. The ex-dividend date is Thursday, February 20th. This is a positive change from Imperial Brands’s previous dividend of $22.45. This represents a yield of 2.43%. Imperial Brands’s dividend payout ratio is currently 6,652.17%.

Insider Transactions at Imperial Brands

In other Imperial Brands news, insider Lukas Paravicini sold 6,639 shares of the business’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of GBX 2,615 ($32.48), for a total value of £173,609.85 ($215,664.41). 7.33% of the stock is currently owned by insiders.

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.