Imperial Brands (OTCMKTS:IMBBY) Stock Price Passes Above 200 Day Moving Average – Time to Sell?

Imperial Brands PLC (OTCMKTS:IMBBY) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $34.39 and traded as high as $40.46. Imperial Brands shares last traded at $40.27, with a volume of 132,385 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley restated an “overweight” rating on shares of Imperial Brands in a report on Tuesday, April 1st.

Imperial Brands Stock Down 2.3 %

The company’s 50 day simple moving average is $37.79 and its 200 day simple moving average is $34.39. 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 Company Profile

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.