Imperial Brands (LON:IMB) Stock Price Crosses Above 200 Day Moving Average – Time to Sell?

Shares of Imperial Brands PLC (LON:IMB) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,243.80 ($27.87) and traded as high as GBX 2,586 ($32.12). Imperial Brands shares last traded at GBX 2,572 ($31.95), with a volume of 2,727,641 shares traded.

Imperial Brands Price Performance

The company has a fifty day moving average price of GBX 2,477.17 and a two-hundred day moving average price of GBX 2,248.36. The company has a current ratio of 0.64, a quick ratio of 0.41 and a debt-to-equity ratio of 217.64. The company has a market cap of £21.97 billion, a price-to-earnings ratio of 1,132.17, a price-to-earnings-growth ratio of 16.51 and a beta of 0.42.

Imperial Brands Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, February 20th will be paid a GBX 54.26 ($0.67) dividend. This is a boost from Imperial Brands’s previous dividend of $22.45. The ex-dividend date of this dividend is Thursday, February 20th. This represents a dividend yield of 2.43%. Imperial Brands’s dividend payout ratio is currently 6,652.17%.

Insider Activity

In other news, insider Lukas Paravicini sold 6,639 shares of the stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of GBX 2,615 ($32.48), for a total value of £173,609.85 ($215,664.41). 7.33% of the stock is owned by company insiders.

About Imperial Brands

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.