Imperial Tobacco Group (OTCMKTS:IMBBY) Hits New 12-Month High – What’s Next?

Imperial Tobacco Group PLC (OTCMKTS:IMBBY)’s stock price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $42.53 and last traded at $42.31, with a volume of 31229 shares traded. The stock had previously closed at $41.77.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada reissued a “sector perform” rating on shares of Imperial Tobacco Group in a research report on Friday, May 23rd. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Imperial Tobacco Group has a consensus rating of “Buy”.

Imperial Tobacco Group Price Performance

The stock has a fifty day moving average price of $40.33 and a 200 day moving average price of $38.66. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.68 and a quick ratio of 0.30.

Imperial Tobacco Group Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, October 7th. Stockholders of record on Monday, August 25th will be issued a $0.5294 dividend. The ex-dividend date of this dividend is Friday, August 22nd. This is an increase from Imperial Tobacco Group’s previous dividend of $0.50. This represents a dividend yield of 582.0%.

Imperial Tobacco Group 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.