Imperial Brands (LON:IMB) Reaches New 12-Month High - Here's What Happened

Imperial Brands PLC (LON:IMB - Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 2,753.10 ($34.15) and last traded at GBX 2,742 ($34.02), with a volume of 1507684 shares trading hands. The stock had previously closed at GBX 2,741 ($34.00).

Imperial Brands Trading Up 0.1 %

The company has a quick ratio of 0.41, a current ratio of 0.64 and a debt-to-equity ratio of 217.64. The stock has a market cap of £23.86 billion, a PE ratio of 1,229.57, a P/E/G ratio of 16.51 and a beta of 0.42. The business's fifty day moving average is GBX 2,613.03 and its 200 day moving average is GBX 2,358.60.

Imperial Brands (LON:IMB - Get Free Report) last released its quarterly earnings results on Tuesday, November 19th. The company reported GBX 297 ($3.68) earnings per share for the quarter. Imperial Brands had a return on equity of 39.00% and a net margin of 11.44%. As a group, analysts predict that Imperial Brands PLC will post 246.5723613 earnings per share for the current year.

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 given a dividend of GBX 54.26 ($0.67) per share. The ex-dividend date is Thursday, February 20th. This represents a yield of 2.43%. This is a boost from Imperial Brands's previous dividend of $22.45. Imperial Brands's payout ratio is presently 6,652.17%.

Insider Buying and Selling at Imperial Brands

In other news, insider Lukas Paravicini sold 6,639 shares of the business's stock in a transaction dated Monday, December 16th. The stock was sold at an average price of GBX 2,615 ($32.44), for a total transaction of £173,609.85 ($215,370.12). Also, insider Jon Stanton acquired 398,802 shares of the company's stock in a transaction dated Monday, January 6th. The stock was acquired at an average cost of GBX 2,597 ($32.22) per share, with a total value of £10,356,887.94 ($12,848,142.84). 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.