Imperial Brands PLC (LON:IMB - Get Free Report)'s share price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 2,733.44 ($35.39) and traded as low as GBX 2,708.49 ($35.07). Imperial Brands shares last traded at GBX 2,734 ($35.40), with a volume of 5,720,655 shares trading hands.
Imperial Brands Stock Up 0.2 %
The firm's 50 day moving average price is GBX 2,739.37 and its 200-day moving average price is GBX 2,507.30. The company has a current ratio of 0.72, a quick ratio of 0.41 and a debt-to-equity ratio of 166.91. The company has a market cap of £23.04 billion, a P/E ratio of 11.62, a price-to-earnings-growth ratio of 16.51 and a beta of 0.42.
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 issued a dividend of GBX 54.26 ($0.70) per share. This represents a yield of 2.43%. The ex-dividend date of this dividend is Thursday, February 20th. This is a positive change from Imperial Brands's previous dividend of $22.45. Imperial Brands's payout ratio is currently 64.80%.
Insider Activity
In other news, insider Jon Stanton bought 398,802 shares of the business's stock in a transaction on Monday, January 6th. The shares were bought at an average cost of GBX 2,597 ($33.62) per share, for a total transaction of £10,356,887.94 ($13,408,710.44). Also, insider Stefan Bomhard sold 112,183 shares of Imperial Brands stock in a transaction on Monday, February 17th. The stock was sold at an average price of GBX 2,788 ($36.10), for a total transaction of £3,127,662.04 ($4,049,277.63). 7.33% of the stock is currently owned by company insiders.
About Imperial Brands
(
Get Free Report)
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.
Further Reading
Before you consider Imperial Brands, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Imperial Brands wasn't on the list.
While Imperial Brands currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
