Imperial Brands (OTCMKTS:IMBBY) Sets New 1-Year High – Should You Buy?

Imperial Brands PLC (OTCMKTS:IMBBY)’s share price reached a new 52-week high on Thursday . The stock traded as high as $33.66 and last traded at $33.55, with a volume of 70678 shares changing hands. The stock had previously closed at $32.94.

Analyst Ratings Changes

Separately, Barclays raised Imperial Brands to a “strong-buy” rating in a report on Wednesday, October 9th.

Imperial Brands Stock Up 0.4 %

The firm has a 50 day moving average price of $32.48 and a 200 day moving average price of $30.14. The company has a quick ratio of 0.36, a current ratio of 0.72 and a debt-to-equity ratio of 1.24.

Imperial Brands Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, April 7th. Shareholders of record on Friday, February 21st will be paid a dividend of $0.6779 per share. The ex-dividend date is Friday, February 21st.

Imperial Brands Company Profile

Imperial Brands PLC, together with its subsidiaries, manufactures, imports, markets, and sells tobacco and tobacco-related products in Europe, the Americas, Africa, Asia, and Australasia. It offers a range of cigarettes, tobacco accessories, vapour, heated tobacco, and oral nicotine. The company sells its products under various brands, including JPS, Davidoff, Gauloises, West, Winston, Kool, Lambert & Butler, Fortuna, Nobel, News, Backwoods, Champion, Golden Virginia, Rizla, Blu, Pulze, Skruf, and Zone X.