Imperial Brands (LON:IMB) Share Price Passes Below Fifty Day Moving Average of $1,752.20

Imperial Brands PLC (LON:IMB) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 1,752.20 ($21.81) and traded as low as GBX 1,749.76 ($21.78). Imperial Brands shares last traded at GBX 1,774 ($22.08), with a volume of 1,287,565 shares trading hands.

Imperial Brands Stock Performance

The company has a market cap of £15.38 billion, a PE ratio of 715.32, a PEG ratio of 16.39 and a beta of 0.42. The company has a debt-to-equity ratio of 157.30, a quick ratio of 0.41 and a current ratio of 0.72. The firm’s 50 day moving average is GBX 1,752.20 and its 200-day moving average is GBX 1,792.88.

Imperial Brands Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 28th. Investors of record on Thursday, February 15th were paid a dividend of GBX 51.82 ($0.65) per share. This represents a yield of 2.9%. The ex-dividend date was Thursday, February 15th. This is a boost from Imperial Brands’s previous dividend of $21.59. Imperial Brands’s dividend payout ratio is currently 5,927.42%.

Insider Activity at Imperial Brands

In related news, insider Lukas Paravicini sold 57,407 shares of the company’s stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of GBX 1,825 ($22.72), for a total transaction of £1,047,677.75 ($1,304,217.29). In other Imperial Brands news, insider Lukas Paravicini sold 57,407 shares of the business’s stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of GBX 1,825 ($22.72), for a total value of £1,047,677.75 ($1,304,217.29). Also, insider Stefan Bomhard sold 140,219 shares of the business’s stock in a transaction dated Friday, February 16th. The shares were sold at an average price of GBX 1,843 ($22.94), for a total transaction of £2,584,236.17 ($3,217,024.98). 7.16% of the stock is owned by corporate insiders.

About Imperial Brands

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.