Imperial Brands (LON:IMB) Stock Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Posted by Defense World Staff on Dec 26th, 2024

Imperial Brands PLC (LON:IMB – Get Free Report)’s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 2,433 ($30.52) and traded as high as GBX 2,573 ($32.27). Imperial Brands shares last traded at GBX 2,560 ($32.11), with a volume of 395,000 shares.

Imperial Brands Trading Down 0.2 %

The stock has a market cap of £21.59 billion, a PE ratio of 1,113.04, a PEG ratio of 16.51 and a beta of 0.42. The company’s fifty day moving average is GBX 2,433 and its 200-day moving average is GBX 2,217.42. 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 business 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 ($0.68) per share. The ex-dividend date of this dividend is Thursday, February 20th. This represents a dividend yield of 2.43%. This is a positive change from Imperial Brands’s previous dividend of $22.45. Imperial Brands’s dividend payout ratio (DPR) is presently 6,652.17%.

Insider Activity

In other news, insider Lukas Paravicini sold 6,639 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of GBX 2,615 ($32.80), for a total transaction of £173,609.85 ($217,747.21). Insiders own 7.33% of the company’s stock.

Imperial Brands Company Profile

(Get Free Report)

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.