Imperial Brands PLC (OTCMKTS:IMBBY - Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $40.16 and last traded at $39.95, with a volume of 119453 shares trading hands. The stock had previously closed at $39.48.
Wall Street Analysts Forecast Growth
Separately, Morgan Stanley reaffirmed an "overweight" rating on shares of Imperial Brands in a report on Tuesday, April 1st.
Check Out Our Latest Stock Report on Imperial Brands
Imperial Brands Stock Performance
The business has a 50 day simple moving average of $36.30 and a two-hundred day simple moving average of $33.40. The company has a quick ratio of 0.36, a current ratio of 0.72 and a debt-to-equity ratio of 1.24.
Imperial Brands Cuts Dividend
The business also recently announced a dividend, which was paid on Monday, April 7th. Shareholders of record on Friday, February 21st were given a dividend of $0.6779 per share. The ex-dividend date was 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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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 Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.