Imperial Brands (LON:IMB) Share Price Crosses Below Fifty Day Moving Average of $1,768.91

Imperial Brands PLC (LON:IMB)’s share price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 1,768.91 ($22.39) and traded as low as GBX 1,676.50 ($21.22). Imperial Brands shares last traded at GBX 1,706.50 ($21.60), with a volume of 1,755,240 shares traded.

Imperial Brands Stock Up 0.5 %

The business has a 50-day moving average price of GBX 1,765.79 and a two-hundred day moving average price of GBX 1,790.23. The company has a quick ratio of 0.41, a current ratio of 0.72 and a debt-to-equity ratio of 157.30. The firm has a market cap of £14.87 billion, a PE ratio of 691.53, a price-to-earnings-growth ratio of 16.39 and a beta of 0.42.

Imperial Brands Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, February 15th were given a dividend of GBX 51.82 ($0.66) per share. The ex-dividend date was Thursday, February 15th. This represents a dividend yield of 2.9%. This is a positive change from Imperial Brands’s previous dividend of $21.59. Imperial Brands’s dividend payout ratio is currently 5,927.42%.

Insider Transactions at Imperial Brands

In other news, insider Stefan Bomhard sold 140,219 shares of the company’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of GBX 1,843 ($23.33), for a total transaction of £2,584,236.17 ($3,270,771.00). In related news, insider Stefan Bomhard sold 140,219 shares of the stock in a transaction on Friday, February 16th. The stock was sold at an average price of GBX 1,843 ($23.33), for a total value of £2,584,236.17 ($3,270,771.00). Also, insider Lukas Paravicini sold 57,407 shares of the stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of GBX 1,825 ($23.10), for a total value of £1,047,677.75 ($1,326,006.52). Corporate insiders own 7.16% of the company’s stock.

About Imperial Brands

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.