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Imperial Brands (OTCMKTS:IMBBY) Reaches New 52-Week High - Here's Why

Imperial Brands logo with Consumer Staples background

Imperial Brands PLC (OTCMKTS:IMBBY - Get Free Report)'s stock price reached a new 52-week high during trading 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.

Analysts Set New Price Targets

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

Check Out Our Latest Stock Analysis on IMBBY

Imperial Brands Trading Up 0.6 %

The company's 50-day simple moving average is $32.48 and its 200 day simple moving average is $30.17. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.36 and a current ratio of 0.72.

Imperial Brands Cuts Dividend

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

About Imperial Brands

(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.

See Also

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